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Vilka [71]
3 years ago
7

Gavin invested $40,000 in the Jason and Kelly Partnership for ownership equity of $40,000. Prior to the investment, land was rev

alued to a market value of $363,000 from a book value of $174,000. Jason and Kelly share net income in a 1:2 ratio. a. Provide the journal entry for the revaluation of land. If an amount box does not require an entry, leave it blank.
Business
1 answer:
stich3 [128]3 years ago
6 0

Answer:

A.

Dr Land $189,000

Cr Jason, Capital $63,000

Cr Kelly, Capital $126,000

B.

Dr Cash $40,000

Cr Gavin, Capital $40,000

Explanation:

A.

Dr Land ($363,000-$174,000) $189,000

Jason, Capital (1/3×189,000) $63,000

Kelly, Capital(1/2×189,000) $126,000

B.

Dr Cash $40,000

Cr Gavin, Capital $40,000

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For each of the following, indicate whether the idea is most closely associated with the first industrial revolution, the second
soldier1979 [14.2K]

Answer: Railways - the first industrial revolution, the Internet - the second, the technological - the oboe, the steam engine - the beginning, the telegraph - the first, the Feedback loops - second, The flying shuttle the first, The possibility of traveling from coast to coast in the US in under a wee - the first.

Explanation:

  • The Industrial Revolution brought about textural changes in people's lives, in everyday life, in the economy, in production. It went through several stages and always brought with it certain technological advances that made life easier for people. We link railways and the development of rail transport to the first industrial revolution. With steam technology, the first trains were launched and later this technology spread to the whole world. The emergence of the Internet is tied to the second half of the 20th century. It is a technology that has completely transformed the world, and without which life, today is almost impossible. When it comes to the technological revolution, it is still happening today. In this context, we bind it to both stages of the revolution. The advent of steamboats has been part of the technological revolution since the beginning of the 19th century, just like the advent of the Internet in the second half of the 20th century. The steam engine is part of the first technological revolution. Thanks to James Watts, transportation of people and goods was much faster and easier. The telegraph is part of the first technological revolution. The development of electricity has formed the basis for the electric telegraph. In 1832 Samuel Morse succeeded in developing the first stable and straightforward electrical messaging system, and in the following year received a patent for the invention.
  • The first real electric telegraph connected London and Birmingham and was built in 1838. The first operational amplifier to match its name was created by electronic tubing and built-in Bell's laboratories, United States, during 1941. This is a technology that we connect to backlinks and is part of another technological revolution. The invention of hydrogen, invented by the English physicist Henry Cavendish in 1767, solved the question of balloon filling. After many attempts by French physicist Jacques Charles, using a new invention to dissolve the rubber, he constructed a 380 m3 balloon with a bulletproof, hydrogen-filled shell that had a gas vent. The first steamboat to make a profit on sailing was built in 1807 (and patented in 1809) by the American Robert Fulton. However, the new boats were built even before the end of the 18th century.
4 0
3 years ago
Crandall Oil has total sales of $1,349,800 and costs of $903,500. Depreciation is $42,700 and the tax rate is 34 percent. The fi
julia-pushkina [17]

Answer:

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Explanation:

Operating Cash flow

Sales                         = $1,349,800

-Costs                        = $903,500

-Depreciation            = $42,700

Operating Income    = $403,600

-Tax                           = $137,224

Net Income               = $266,376

Operating Cash Flow = Net Income + Non-Cash Expenses – Increase in Working Capital

Operating Cash flow = $266,376 + $42,700 - 0

Operating Cash flow = $309,076

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Answer:

yes i think

Explanation:

5 0
4 years ago
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Henway Inc has a clause in its employment contract that identifies the state law that will apply to any disputes that arise unde
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Answer:

correct answer is a. forum selection clause

Explanation:

solution

the correct answer is forum selection clause because as it suggests you forum selection  

forum selection allows the party to choose the forum or the specific way to deal with the dispute between the two parties  

so here organization Henway has chosen state law as that the way to deal with the dispute  

so that correct answer is forum selection clause

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3 years ago
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Answer:

The following five ways of overcoming intercultural barriers will help you make the most of your cross-cultural business negotiations.

1. Research the other party's culture. ...

2. Consider the individual. ...

3. Build bridges across cultures. ...

4. Consider the broader context. ...

5. Take steps to reduce stress.

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3 years ago
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