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
Elza [17]
3 years ago
5

Sandy, Ramon, and Bonnie were partners. Sandy dissociated from the partnership. Bonnie and Ramon decided to continue the busines

s. When Sandy dissociated, there was a $50,000 debt owed to Great State Bank. Which statement is correct
Business
1 answer:
IRISSAK [1]3 years ago
8 0

Sandy remains liable on the $50,000 debt owed to Great State Bank.

You might be interested in
ILL GIVE BRAINLIEST!! HELP ASAP!!
WARRIOR [948]

Answer: B

Explanation: I am pretty sure the answer is going to B, accounting is a profession that requires a lot of math

4 0
2 years ago
On December 1, 2020, Bramble Corporation incurs a 15-year $1300000 mortgage liability in conjunction with the acquisition of an
weeeeeb [17]

The portion of the second monthly payment made on January 31, 2021, which represents repayment of principal is $15600.

<h3>Mortgage liability </h3>

Mortgage liability limits the liability of potential third parties who were not involved when the mortgage was arranged. For example, if a mortgage is in arrears, the debtor has to pay the outstanding principal and interest, plus late payment and other charges.

<h3>What is mortgage asset or liabilities?</h3>

A current liability for

1) the principal payments that will be coming due within one year after the balance sheet date, and

2) any accrued interest that is owed as of the balance sheet date.

To learn more about current liability  visit the link

brainly.com/question/14287268

#SPJ4

6 0
1 year ago
Miao Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 3,000 client-visits, but its act
ExtremeBDS [4]
Mayonnaise is delicious, agree? Yes indeed.
7 0
3 years ago
Can a manager yell at employees in front of customers answers
Setler [38]

Can you yell at your kids infront of other people. The answer is yes :)

5 0
3 years ago
Bramble Company purchased a new van for floral deliveries on January 1, 2018. The van cost $66000 with an estimated life of 5 ye
fgiga [73]

Answer:

$42,240

Explanation:

The computation of the balance of the Accumulated Depreciation account at the end of 2019 is as follows;

But before that the depreciation rate is

= 1 ÷ 5 × 2

= 40%

For the first year, the depreciation expense is

= $66,000 × 40%

= $26,400

Now for the 2019, the depreciation expense is

= ($66,000  - $26,400) × 40%

= $15,840

Now the accumulated depreciation is

= $26,400 + $15,840

= $42,240

6 0
2 years ago
Other questions:
  • Innova uses 1,000 units of the component IMC2 every month to manufacture one of its products. The unit costs incurred to manufac
    13·1 answer
  • A stock trading company had the budget for enhancing its secondary datacenter approved. Since the main site is in a hurricane af
    11·1 answer
  • When should you establish objectives for your risk management plan cource hero?
    7·1 answer
  • What is the value today of $4,400 per year, at a discount rate of 8.3 percent, if the first payment is received 6 years from tod
    15·1 answer
  • A quality analyst wants to construct a sample mean chart for controlling a packaging process. He knows from past experience that
    12·1 answer
  • A taxpayer places a $50,000 5-year recovery period asset in service in 2016. this is the only asset placed in service in 2016. a
    15·1 answer
  • As an eighth grader, Marliss wins an art competition, and her prize is one thousand dollars. She wants to invest the money for h
    7·1 answer
  • The monetary base is equal to
    5·1 answer
  • We are pleased to offer you the position of assistant manager. We propose a start date of March 14.
    15·2 answers
  • (A) If variances are prorated at the end of the accounting period, an unfavorable direct materials price variance will, when pro
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!