The admission of johns as a new partner
Bobbi and Stuart are partners. The partnership capital of Bobbi is $40,000 and Stuart is $70,000. Bobbi sells his interest in the partnership to John for $50,000. The journal entry to record the admission of Johns as a new partner would include?
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Custom Shoes Co. has gathered the following information concerning one model of shoes: Variable manufacturing costs 40,000 Variable selling and administrative costs 20,000 Fixed manufacturing costs 160,000
Assume that at January 1, 2014, the carrying amount of the patent on Celine Dion's books is $43,200. In January, Celine Dion spends $24,000 successfully defending a patent suit. Celine Dion still feels the patent will be useful until the end of 20
Consider the task of scheduling five jobs A,B,C,D AND E which needs 5,4,2,3 and 3 hours respectively on machine #1 and 3,1,4,4 and 2 hours on machine
The traffic light turns green and you start speeding up your car from rest at constant acceleration. In the first 5.3 seconds, your car moves 122meters. How far did it move in the first 2.46seconds?
Bobbi and Stuart are partners. The partnership capital of Bobbi is $40,000 and Stuart is $70,000. Bobbi sells his interest in the partnership to John for $50,000.
On January 2, Todd Company acquired 40% of the outstanding stock of McGuire Company for $205,000. For the year ending, December 31, McGuire earned income of $48,000 and paid dividends of $14,000.
Wheeler Company issued 5,000 shares of its $5 par value common stock having a fair value of $25 per share and 7,500 shares of its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $260,000. The proceeds allocated
Pheasant Co. can further process Product B to produce Product C. Product B is currently selling for $30 per pound and costs $28 per pound to produce.
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