Answer: $30,923
Explanation:
From the question, we are told that as part of an initial investment, Jackson contributes accounts receivable that had a balance of $32,290 in the accounts of a sole proprietorship. Out of the amount, $1,367 is deemed completely worthless and for the remaining accounts, the partnership will establish a provision for possible future uncollectible accounts of $848.
The amount debited to accounts Receivable for the new partnership will be the difference between the account receivable balance and the amount that was deemed worthless. This will be:
= $32,290 - $1,367
= $30,923
Therefore, the amount debited to Accounts Receivable for the new partnership will be $30,923
D. a consumer must give up some of one good in order to get more of the other.
Answer:
Human skills
Explanation:
As the branch manager Barry requires human skills to perform his roles well. The human skills can also be referred to as interpersonal skills. These are those skills that would present Barry's ability to interact, work or relate effectively with people.
Human skills would enable Barry to make use of human potential in the company and also motivate the supervising managers for better results
Answer:
$18,750
Explanation:
Income from investment = 25% * $75,000
Income from investment = 0.25 * $75,000
Income from investment = $18,750
The amount that will be reported by Poke as income from its investment in Shove for 20X8, if it used the equity method of accounting is $18,750
