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erastova [34]
3 years ago
6

When a partnership is liquidated, the journal entry to pay the claims of creditors would include a debit to

Business
1 answer:
spayn [35]3 years ago
4 0
When a partnership is liquidated, the journal entry to pay the claims of creditors would include a debit to:

B.) each individual creditor and a credit to cash.

When you liquidate a partnership, liabilities must be paid off before partner's investments can be returned to them. In this way, all creditors will be satisfied even if the partner's capital experienced a loss.
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Pressure with Two Liquids, Hg and Water. An open test tube at 293 K is filled at the bottom with 12.1 cm of Hg, and 5.6 cm of wa
Radda [10]

Answer:

1170839.28 dyn/cm^2

16.9816 psia

117.083928 kN/m^2

Explanation:

To calculate the absolute pressure in the bottom of tube we need to sum the atmosferic and gauge pressure.

P_{abs}=P_{atm}+P_G

And the gauge pressure is given by the contributions of columns of water (P_{w}) and mercury(P_{Hg}), we can calculate the contribution of each column as:

P= \rho g h (*)

where \rho is the respective density, g gravity and h is height.

So we have all the data required to use the above equations (P_{atm}, height and density of each column) we only need to be carefully with the units.

For simplicity we can to express all pressure contributions in mmHg ( P_{atm}, P_{w} and P_{Hg}). Note that the units "x" mmHg  means the pressure at the bottom of a column of mercury of "x" mm high. For example, in this case we have a column 12.1 cm of Hg, that is a column of 121 mmHg (passing from cm to mm only requires multiply by 10) pressure exerted by that column is 121 mmHg.

Now pressure of 5.6 cm (56 mm) of water would be 56 mm of water, but it is not the same that mmHg, since the density of water is lower, the pressure exerted by 1 mm of water is lower than the exerted by 1 mm of Hg. The conversion between mmHg and mm of water is given by the relation between the densities.

mmHg=\frac{\rho_w*mmH_2O}{\rho_{Hg}}

mmHg=\frac{0.998*mmH_2O}{13.55}=0.0737 mmH_2O

And pressure of water in mmHg is

0.0737*56=4.1246 mmHg

The absolute pressure is:

P_{abs}=P_{atm}+P_G= 756 + 121 + 4.1246  = 881.1246 mmHg = 88.11246cmHg

To pass to dyn/cm^2 units we need to use the equation (*)

P= \rho g h = 13.55 \frac{g}{cm^3} * 980.665 \frac{cm}{s^2} * 88.11246 cmHg = 1170839.28 \frac{g}{cm s^2} = 1170839.28 \frac{dyn}{cm^2}

Note: We need to use cm Hg for units coherence

Now passing from dyn/cm^2 to kN/m^2 (or kPa) we need to consider that 1 dyn is 10^{-8} kN and 1 cm^2 is 10^{-4} m^2.  

1170839.28 \frac{dyn}{cm^2} * \frac{10^{-8}kN}{1 dyn}*\frac{cm^2}{10^{-4}m^2}=117.083928kN/m^2

Now passing kN/m^2 to psia. We need to consider that 1 psia is 6.89476.

117.083928kN/m^2*\frac{1psia}{6.89476kN/m^2}=16.9816 psia

 

8 0
3 years ago
The city of Brock’s Water Enterprise Fund leases water treatment equipment. The life of the noncancellable lease is 10 years, an
Degger [83]

<u>Solution and Explanation:</u>

The Journal Entries in the books of Brock's water enterprise is as follows :-

Date  Particulars and details                             Debit($)  Credit($)

Jan 5, 2018  Intangible Assets - Lease  905861  

Lease Payable                                            905861

(Being Record the Lease)        

Jan 5, 2018  Lease Payable                  125000  

Cash                                                           125000

(Being Record Down Payment)        

Dec 31, 2018  Amortization Expenses ($905861divide 10)  90586  

Accumulated Amortization                                           90586

(Being Record the amortization)        

Jan 5, 2019  Lease Payable (\$ 125000-\$ 62469) 62531  

Interest Expenses ((\$ 905861-\$ 125000) * 8 \%)   62469  

Cash                                                                              125000

(Being Record the Second Lease Payment)  

3 0
3 years ago
The par value per share of common stock represents the
zavuch27 [327]
Amount of dividends per share to be received each year
3 0
3 years ago
What is an extrinsic value​
MAVERICK [17]

Answer:

Extrinsic value is the portion of the worth that has been assigned to an item by external factors.

Hope this helped a little!

3 0
3 years ago
Negotiated transfer prices
horrorfan [7]
The devision agrees a transfer price between themselves. This price may not reflect opportunity cost by producing and selling products. Reflects bargaining prowess of individual mangers.
6 0
2 years ago
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