Answer and Explanation:
The Journal entry is shown below:-
Carter's Capital Dr $600,000
To Able's Capital $450,000 (3 ÷ 4 × $600,000)
To Baker's Capital $150,000
(Being Carter’s withdrawal from the partnership is recorded)
For recording this we debited the carter capital as it shows the withdrawn amount and credited the able capital and baker capital so that the total withdrawn collected from these partners could come
Answer:
(a) Real Interest Rate = -1 %
(b) Real Interest Rate = -2.4 %
Explanation:
Real Interest Rate = (1+ Nominal Interest rate)/(1+Inflation Rate) -1
(a)Real Interest Rate = (1+0.01)/(1+0.02)-1
= -1 %
(b) Real Interest Rate = (1+0.005)/(1+0.03) -1
= -2.4 %
Real Interest Rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor.
When planning a business presentation, the last
step in antwan's planning should be to gain a deeper understanding of the needs
of his audience.<span>
This statement is false.
<span>Because when planning a business presentation,
the first step should be to gain a deeper understanding of the needs of the audience. When you are presenting and audience is listening to you, they are like judges.</span></span>
Answer:
a. Inventory records
Explanation:
Inventory records -
It refer to the record or information of all the transactions, in a manual or computer based record, is referred to as an inventory records.
It is also known as stock record.
These records have complete information and data of all the transactions in each of the inventory item.
A very accurate and timely record is maintained which may be helpful for any future references.
Hence, from the given question,
The correct answer is inventory records.
