C . mUCOUS mEMBRANE
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The financial statement called the Statement of Financial Position is also known as the Balance Sheet.
The three accounting elements that are included on this statement are the Assets, Liabilities and Owner’s Equity.
Answer:
Etter capital $83,000
Lonnie Davis capital $83,000
Explanation:
Data provided in the question:
Capital balance of Myles Etter = $249,000
Capital balance of Crystal Santori = $105,000
Amount of interest sold by the Etter to Lonnie Davis = one-third
Sales price = $70,000
Now,
Required entry will be as follows
Etter capital $83,000
Lonnie Davis capital $83,000
Here,
the cash will be directly received by the Etter not by the partnership
Hence,
It will have not effect on the entry.
The answer is greater than cash inflows. The explanation behind this is cash flow gaps happen when cash outflows are greater than cash inflows. Cash flow budgets assist financial managers determine whether the business needs to seek outside sources of funds beyond sales to manage projected cash shortages.
$26880 , A condominium is a type of ownership arrangement in which a single building is divided into a number of different units, each of which is separately owned, and which are surrounded by jointly held common areas.
<h3>What is condominiums?</h3>
A condominium is a type of ownership arrangement in which a single building is divided into a number of different units, each of which is separately owned, and which are surrounded by jointly held common areas. The phrase can be used to describe both the entire structure or complex and each individual unit therein.
320*12=3840
3840*7=$26880
A condo, often known as a condominium, is a type of housing or residential complex that consists of distinct units, each of which is owned by a different person. A condo is rented directly from the condominium owner when it is rented.
Ownership is the main distinction between a condo and an apartment. Apartments are characterized as rented homes, frequently found in larger residential buildings. Condos are similar to apartments in structure and are typically apartments within larger residential buildings, but condos are owned rather than rented.
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