subject
Business, 05.12.2019 23:31 jhernandez70

Lear is to become a partner in the ws partnership by paying $80,000 in cash to the business. at present, the capital balance for hamlet is $70,000 and for macbeth is $40,000. hamlet and macbeth share profits on a 7: 3 basis. lear is acquiring 40 percent of the new partnership. a. if the goodwill method is applied, what will the three capital balances be following the payment by lear? b. if the bonus method is applied, what will the three capital balances be following the payment by lear? 18. the distance

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 20:40
Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.
Answers: 2
question
Business, 22.06.2019 22:50
What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage
Answers: 1
question
Business, 23.06.2019 00:30
Emerson has an associate degree based on the chart below how will his employment opportunities change from 2008 to 2018
Answers: 2
question
Business, 23.06.2019 01:30
Should i run away or get a boyfriend and be loved again
Answers: 3
You know the right answer?
Lear is to become a partner in the ws partnership by paying $80,000 in cash to the business. at pres...
Questions
question
Social Studies, 17.10.2021 03:30
Questions on the website: 13722360