Answer:
c. John's capital account for $41,400
Explanation:
Based on this information it can be said that in this scenario the journal entry to record the admission of John as a new partner would include a credit to John's capital account for $41,400. This is mainly because even though Bobbi sold his interest for $63,900 his actual interest capital in the partnership was that of $41,400 .... meaning that John now holds a partnership capital of $41,400 and the Bobbi profited $22,500
Answer:
what kind of a question is this. im kinda confused like whaa
Explanation:
Fiscal policy involves government changes to spending or taxation to affect the economy.
<h3>What is meant by fiscal policy?</h3>
This is the use of government tools such as taxes or expenditure in the stimulation of a given economy. The use of fiscal tools could be either for a contractionary government policy or it could be expansionary in nature.
Contractionary means the raise in taxes and the decrease in government spending. The expansionary policy is the opposite of this. Hence we have to say that Fiscal policy involves government changes to spending or taxation to affect the economy.
Read more on Fiscal policy here: brainly.com/question/6583917
#SPJ1
Michelle must give Luis a sixty-day written notice of the lease termination because he has lived in the property for more than one year.
Explanation:
The landlord must send a 30-day notice of termination in writing with the occupant at the cost of his will, unless the owner stays in the house for more than one year, which includes a notice of 60 days.
The 60 Days Lease Termination Letter is an appointment for a residential property owner to use when he wishes to vacate a tenant for at least a year or more after residing in the house.
In California, a landlord can terminate a rental after a tenant has spent a year or more on the property and has provided the tenant with a notice of sixty days.
