Exercise 12-15 a-b foss, albertson, and espinosa are partners who share profits and losses 50%, 30%, and 20%, respectively. their capital balances are $117,000, $55,000, and $32,000, respectively. assume garrett joins the partnership by investing $81,600 for a 25% interest with bonuses to the existing partners. prepare the journal entry to record his investment. (credit account titles are automatically indented when amount is entered. do not indent manually.)

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

Your grandmother told you a dollar doesn't go as far as it used to. she says the purchasing power of a dollar is much lesser than it used to be. explain what she means. try and use and explain terms like inflation and deflation in your answer.

Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be: