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lora16 [44]
3 years ago
10

Friends of the Court" documents filed by interested parties to encourage the Court to grant or deny certiorari, or to urge the C

ourt to decide a case in a certain way refers to
A. writ of certiorari
B. petition for a writ of certiorari
C. writ of certification
D. amicus curiae briefs
E. writ of appeal
Business
1 answer:
Firlakuza [10]3 years ago
5 0

Answer:

The correct answer is D

Explanation:

Amicus curiae briefs, is a group or a person who does not serve the purpose and burdens the Court or who is not a party to an action but persist a strong interest in the matter. So, the filing is not favored.

In this case, documents filed through the interested parties in order to encourage the court, it will known as the Amicus curiae briefs.

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McGill and Smyth have capital balances on January 1 of $56,000 and $36,000, respectively. The partnership income-sharing agreeme
Step2247 [10]

Answer:                              capital accounts                distribution

DETAILS                          McGill               Smyth            total           remaining

opening balance         $56000             $36000

net income                                                                  $90000        $90000

salaries                        $24000            $12000        -$36000        $54000

interest @ 10%             $5600               $3600          -$9200         $44800

Profit share 70 : 30%   $31360              $13440         -$44800          $0

closing balance         $116960             $65040        

DETAILS                     McGill                   Smyth            total              remaining

opening balance         $56000             $36000

net income                                                                  $30000           $30000

salaries                        $24000            $12000        -$36000          - $6000

interest @ 10%             $5600               $3600          -$9200           -$15200

loss share 70 : 30%     -$10640            -$4560          +$15200              $0

closing balance          $74960           $47040

JOURNAL ENTRIES

1 . Debit partnership summary income account $90000, credit capital accounts McGILL ; salary 24000, interest on capital 5600, profit share 31360. Symth ; salary 12000, interest on capital 3600, profit share 13440

2 . Debit Partnership  summary income account 30000 , credit Capital accounts McGill : salary 24000 , Smyth : 12000 , Interest on capital account McGill : 5600, Smyth 3600.

for loss sharing journal

Debit Capital accounts McGILL 10640, Smyth 4560 , Credit partnership summary account 15200

Explanation:

6 0
3 years ago
Read 2 more answers
How would increased benefits paid by employers affect worker's wages?
Vanyuwa [196]

Answer:

it would lower the wages

Explanation:

7 0
3 years ago
Mr. Fred Mitchell is requesting the birth record for Amy, his birth daughter. Mr. and Mrs. Mitchell gave Amy up for adoption fou
Troyanec [42]

Answer:

"No" would be the correct choice.

Explanation:

  • The documentation could not be issued to him whenever their Amy is indeed not Mr. Mitchel's legal offspring attributable to some other individual's custody. They cannot compensate for the demand as well as text.
  • Whether there is some doubt about either the approved note's authenticity, seek to contact the individual by contacting himself, either correlate signs on organizational documents.
6 0
3 years ago
Find the interest for one month on $575 at 3.1% annual interest paid monthly.​
nika2105 [10]

Answer:

$1.5

Explanation:

Interest is compounded monthly.

The applicable formula for amounts after one month is

A = P + (1 + r)^n

P = principal amount $575

r is interest rate 3.1% per year or 3.1/12 per month =0.26% or 0.0026

n= 1 month

A = $575 +( 1+0.0026)^1

A =$575x 1.0026

A= $576.495

A= $576.5

Interest earned in the month

= $576.5 -$575

=$1.5

4 0
3 years ago
Assume the following information: April 1 Inventory 3 units at cost of $20 April 10 purchase 5 units at cost of $20 April 12 sal
nikdorinn [45]

The amount of the cost of goods sold, using the perpetual inventory system, is <u>$120</u>.

<h3>What is the perpetual inventory system?</h3>

The perpetual inventory system is an inventory management system that records all inventory transactions as they occur and not at the end of the accounting period when inventory counts are carried out.

It is the opposite of the periodic inventory system.  Using the perpetual inventory system, entries are made directly to the inventory account and the cost of goods sold with each inventory transaction.

<h3>Data and Calculations:</h3>

Beginning inventory 3 units at $20 = $60

April 10  Purchase 5 units at $20 =   $100

Total cost of goods available for sale = $160

April 12 Sales 6 units

Ending inventory = 2 (8 - 6) = $40

Cost of goods sold = $120 ($20 x 6) or ($160 - $40)

Thus, the amount of the cost of goods sold, using the perpetual inventory system, is <u>$120</u>.

Learn more about the perpetual inventory system at brainly.com/question/25014592

7 0
2 years ago
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