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kondaur [170]
3 years ago
14

A= The amount of tangible assets contributed by the new partner into the partnership

Business
1 answer:
Dafna1 [17]3 years ago
7 0

Answer:

B. C = D

Explanation:

C= Total Capital of the partnership before the admission of a new partner

D= Total capital of the partnership after the admission of the new partner

The purchase occurs outside the partnership (but with the partners approvals)

The partnership will only credit the new partner and debit the seller partner by the amount they agree on.

The partnership received no assets and therefore his capital remains at same value.

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Mark and Riley live in Orlando and decide to open a souvenir shop. They incorporate their shop, Sunshine Gifts, Inc., in the state of Florida. In Florida, Sunshine Gifts would best be characterized as A domestic corporation.

<h3><u>What are domestic corporations ?</u></h3>
  • A domestic corporation is a business that operates within its own nation.
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Explanation

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3 years ago
Jasper is interested in making a lot of money. He is a very good salesperson. People tell him he could sell sand in the Sahara D
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Answer:

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Explanation:

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Answer:

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Explanation:

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3 years ago
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