Each with $35,500 in their partnership capital accounts. kwon is admitted to the partnership by investing $35,500 cash. prepare the entry to show kwons admission to the partnership.

Which of the following is true concerning the 5/5 lapse rule? a) the 5/5 lapse rule deems that a taxable gift has been made where a power to withdraw in excess of $5,000 or five percent of the trust assets is lapsed by the powerholder. b) the 5/5 lapse rule only comes into play with a single beneficiary trust. c) amounts that lapse under the 5/5 lapse rule qualify for the annual exclusion. d) gifts over the 5/5 lapse rule do not have to be disclosed on a gift tax return.

Wriston company is preparing its cash budget for the upcoming month. the beginning cash balance for the month is expected to be $15,000. budgeted cash disbursements are $72,500, while budgeted cash receipts are $89,600. wriston company wants to have an ending cash balance of $30,000. the excess (deficiency) of cash available over disbursements for the month would be

If you want to go directly to a specific web page using a url, where should you type the url in firefox? a. in an e-mail b. in a google account c. in the address bar d. in the username field select the best answer from the choices provided a b c d