At year-end, the Circle City partnership has the following capital balances:
Manning, Capital...
English, 26.05.2020 13:57 angelita24
At year-end, the Circle City partnership has the following capital balances:
Manning, Capital……………………… $130,000
Gonzalez, Capital ……………………… 110,000
Clark, Capital ………………………… 80,000
Freeney, Capital………………………. 70,000
Profits and losses are split on a 3:3:2:2 basis respectively. Clark decides to leave the partnership and is paid $90,000 from the business based on the original contractual agreement.
Using the goodwill method, what is Manning’s capital balance after Clark withdraws?
a. $133,000.
b. $137,500.
c. $140,000.
d. $145,000.
Answers: 3
English, 21.06.2019 14:00
How might a listener feel about his or her griefs after hearing the wife's lament
Answers: 2
English, 21.06.2019 22:00
Write 2 questions on body image hormonal , chemical changes in teens gender, and development issues
Answers: 2
English, 22.06.2019 07:30
After the doctors question their authenticity,the duke suggest that he and the king leave immediately with the money they have already stolen.why does the king refuse to leave
Answers: 1
English, 22.06.2019 09:30
In which sentence is the subjunctive mood correctly used? if she were impatient, she would not be suited for this work. they are ready to go to work now. she was impatient to get to work on time. he listens to instructions very carefully when at work.
Answers: 1
History, 19.11.2019 04:31
English, 19.11.2019 04:31
Mathematics, 19.11.2019 04:31
Social Studies, 19.11.2019 04:31
Physics, 19.11.2019 04:31
Mathematics, 19.11.2019 04:31
Physics, 19.11.2019 04:31
Mathematics, 19.11.2019 04:31