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Aloiza [94]
4 years ago
7

Exercise 12-15 a-b Foss, Albertson, and Espinosa are partners who share profits and losses 50%, 30%, and 20%, respectively. Thei

r 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.)

Business
1 answer:
omeli [17]4 years ago
5 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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During the ____ , deliverables are accepted by the sponsoring organization or client, and historical information is transferred
Sergeeva-Olga [200]

It is during the Closeout that deliverables that are sponsored by an organization become accepted.

<h3>What Is Closeout?</h3>

closeout or clearance sale is a discount sale of inventotry by the seller because of low demand in of product or because the seller is relocating or closing ort because of bankruptcy or there is too much order on the product.

Therefore, During the Closeout, deliverables are accepted by the sponsoring organization or client, and historical information is transferred and archived. planning initiation closeout execution maintenance.

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8 0
2 years ago
Allocating funds to promotion whereby the company determines its promotion objectives, outlines the tasks to accomplish these ob
ikadub [295]

Answer: objective and task budgeting

Explanation:

Objective and task budgeting is a method used whereby the marketer decides the objective that will need to be accomplished and the necessary tasks that are required to to achieve such objectives.

This csn consist of the allocation of funds to promotion whereby the company determines its promotion objectives, outlining the tasks to accomplish these objectives, and also determining the promotion cost of performing these tasks.

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4 years ago
Which of the following is NOT an employer responsibility stated in OSHA’s Bloodborne Pathogens Standard?
blondinia [14]
C. Take minimal precautions
4 0
3 years ago
How long does Bankruptcy stay on your credit report?
svlad2 [7]

The bankruptcy public record is deleted from the credit report either seven years or 10 years from the filing date of the bankruptcy, depending on the chapter you filed. Chapter 13 bankruptcy is deleted seven years from the filing date because it requires at least a partial repayment of the debts you owe

7 0
3 years ago
How much must you deposit each year into your retirement account starting now and continuing through year 12 if you want to be a
Vesnalui [34]

Answer:

$2,583

Explanation:

The required value of your account at year 35 is:

$70,000 / 0.1 = $700,000

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By using financial calculator, we obtain:

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3 0
3 years ago
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