Answer:
PART A:
For preparing the predistribution plan we first caluclate the order of partnership elimination based on their capital accounts and the profit sharing ratio.
The lowest capital contributor is eliminated first and so on. Which is attached in figure 1
Then we prepared the predistribution plan which is attached in figure 2
PART B
The statement is attached in figure 3
Answer: The answers are DECLARATION; LIABILITY; REDUCED; HOLDER-OF-RECORD DATE
Explanation: Dividend is a sum of money aid regularly by a company to its owners. A Stockholder listed as an owner on the holder-of- record date is entitled to dividend when declared.
When a dividend is declared, it is stated as a liability as it becomes a debt to the organisation. This dividend payable is taken from the retained earnings of the organisation.
Answer:
by writing the answer
Explanation:
I would advise figuring the question out first.
When a bond contract rate is less than the current market rate on the date of issuance, the bond will be sold at Discount
Discount = Contract rate is less than the market rate.
What is meaning of discount and its types?
When a reduction in the amount is allowed in order to encourage more purchase or to have an on time payment is referred to as discount. Discount are classified as: Trade discount: The discount which is allowed when purchases are made in large quantity is known as trade discount.
Contract rate:
The contract rate; also called the coupon rate, stated rate, or nominal rate; is the interest percentage listed on the face of a note or bond. In other words, this is the interest rate that will be paid on the principle balance for the life of the note or bond.
Learn more about bond contract rate:
brainly.com/question/24233531
#SPJ4
Answer: I will vote in favor of the bill.
Explanation:
Based on the above scenario, I would vote in favor of the bill. The argument here is in the case of bankruptcy, if an individual is willing to pay their dues but because of unavoidable financial circumstances, the individual seeks more time or other assistance which can help so that the person will later pay. I believe it's a good idea which should be supported by the law.
The court should have the right to decide terms of mortgages to help debtors in order for them to pay their debts in future rather than forcing them to leave the house. It will also help the country deal with issue of facilitating housing to maximum number of individuals.
In my opinion, the judge's decision should be given prime importance as the judge must evaluate the intention of the debtor and the capability of the debtor to pay the debts
