1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
babunello [35]
3 years ago
13

The first entry to liquidate a partnership would probably include

Business
2 answers:
Lorico [155]3 years ago
8 0
Property will not added when it liquidate
prisoha [69]3 years ago
7 0

The correct answer to your question is:

A debit to Cash, a debit or credit to Loss or Gain from Realization, and a credit to Individual Assets Sold.

You might be interested in
common lit capataliasmn-Which phrase best describes the relarionship between workers and bussiness owners in capatalists cociety
vesna_86 [32]

Answer:

In order for the government to be able to help with a problem, the problem must be brought to the proper of government and the proper.In order for the government to be able to help with a problem, the problem must be brought to the proper of government and the proper.

Explanation:

5 0
3 years ago
For each of the following, state whether the events created are mutually exclusive and whether they are collectively exhaustive.
8_murik_8 [283]

Answer:

Explanation:

- mutually exclusive (ME): If one event occur the other doesn't

- collectively exhaustive (CE): one of the events must occur

a. Undergraduate business students were asked whether they were sophomores or juniors: ME

b. Each respondent was classified by the type of car he or she drives: sedan, SUV, American, European, Asian, or none. ME - CE

c. people were asked, "Do you currently live in (i) an apartment or (ii) a house?": ME

d. A product was classified as defective or not defective: ME - CE

7 0
3 years ago
Which type of account typically has low liquidity? AMoney Market Account BCertificate of Deposit (CD) CChecking Account DSavings
natta225 [31]
Likely B. Liquidity is basically the measurement of how quickly a given investment can be turned into cash. If you can sell it or take money from it quickly, it is liquid. Any one of the others (A, C or D) can be withdrawn from in a short time, and thus are very liquid. CDs, however, are set to a specified amount of time. You deposit money for, say, 5 years and then are allowed to withdraw it, not before. Thus, it is not liquid.
8 0
3 years ago
For the person to whom this utility function applies, a. her level of satisfaction will be enhanced equally by an increase in we
Solnce55 [7]

Answer:

b. the more wealth she has, the less utility she gets from an additional dollar of wealth.

Explanation:

Utility is the satisfaction derived from a good. Total Utility is the total satisfaction from all units of a good. Marginal Utility is the additional satisfaction from an additional unit of a good.

The Law of Diminishing Marginal Utility states that : As consumer gets more & more of a good, the additional utility (satisfaction) from each successive unit keeps on declining. It implies that marginal utility decreases, & total utility increases at a decreasing rate.

Therefore : A person has more marginal utility (additional satisfaction) from an additional dollar, if he has less money (dollars). And, relatively less marginal utility from an additional dollar if he has more money (dollars).

Example : A rich person having millions of dollars would get less marginal utility (additional satisfaction) from gaining a single dollar, than a poor person having few dollars.  

6 0
2 years ago
An investment banker agrees to a firm commitment offering of two million shares of Ace stock. The offer price is set at $55 and
balandron [24]

Answer:

loss of $ 1,400,000.00

Explanation:

Amount of share : two million:

offer price per share: $55

selling price per share: $53.80

Loss per share: $1.20

Total loss= $1.2X2,000,000= ($2,400.000.00)

Earning from spread: 0.5x2,000,000.00 =$1,000.000.00

Net earning: (2,400,000.00)+$1,000,000.00=($ 1,400,000.00)

loss of $ 1,400,000.00

8 0
3 years ago
Other questions:
  • Chhom Corporation makes a product whose direct labor standards are 0.9 hours per unit and $30 per hour. In November the company
    10·1 answer
  • The U.S. federal government can spend money in a variety of ways. For example, the government could build a major new naval trai
    12·2 answers
  • Product mix width refers to the ________. A) number of versions offered for each product in the line B) ways in which the variou
    8·1 answer
  • Assume the existence of a BankAccount class with a method, getAvailable that returns the amount of available funds in the accoun
    7·1 answer
  • What tendency is most likely manifest in the following situation? An engagement team performed a substantive analytical procedur
    15·1 answer
  • The Club Auto Parts Company has just recently been organized. It is expected to experience no growth for the next 2 years as it
    15·1 answer
  • Riley Market, Newton Grocers, and Barlow Pantry are grocery stores. During physical inventory, Riley remains fully open, while N
    15·1 answer
  • Carnes Electronics sells consumer electronics that carry a 90-day manufacturer’s warranty. At the time of purchase, customers ar
    8·1 answer
  • Petty Cash Fund Entries Journalize the entries to record the following: Check is issued to establish a petty cash fund of $1,200
    6·1 answer
  • Serena the Chief Financial Officer has a decision to make. She has to rank several alternatives for purchasing a new piece of eq
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!