Answer: D. Heidi's share of profits is split among the remaining 3 partners.
Explanation: A general partnership is a form of business arrangement by which two or more individuals agree create a business, sharing in all assets, profits, and financial and legal liabilities. However, unless there is a signed written agreement between partners when starting the business, with a clause setting out what would happen on the occurrence of death, the general partnership dissolves after the death of a partner. If the partnership terminates, then the assets and outstanding liabilities are all sold and the proceeds are divided equally among the partners. Therefore, Heidi's share of profits is split among the remaining 3 partners.
Answer:
Option (c) is correct.
Explanation:
Given that,
Raw materials on hand = $32,000
Purchased an additional raw materials = $78,000
During November,
Raw materials were requisitioned = $95,000
Totaled indirect materials = $3,000
The journal entry is as follows:
Work in process inventory (95,000 - 3,000) A/c Dr. $92,000
Manufacturing overhead A/c Dr. $3,000
To Raw material A/c $95,000
The work in process is debited by $92,000 and raw material is credit by $95,000.
Answer:
Letter c is correct.<u> Environment and noise affect communication.</u>
Explanation:
The communication process is extremely relevant to any business. It is through communication that the action process begins, the expression of ideas and objectives, the exchange of knowledge, interaction and other factors that help the organization to achieve its objectives and goals.
Therefore, in this matter, the most appropriate alternative is that the organizational environment and noise affect communication.
This is because the organizational environment is a reflection of how the communication process is carried out within a company. Through clear, direct and ethical communication, it is possible to transform the company's internal and external environment, the way employees work, create value, improve the perception of stakeholders, reduce noise, and improve the coordination of all processes organizational, which ensures greater possibilities for the organization to be well positioned in the market in which it operates.
The answer is: Internal secondary data
Internal secondary data refers to the type of data that is acquired and stored inside the organization simply by doing its normal operation without having to pay any additional cost for the data.
When fritto lay obtain its data from scanners (that usually occurs for every purchase) , the data would automatically be stored in its database without interference from any third party.
Answer:
income summary 14,000 debit
Retained Earnings 14,000 credit
Explanation:
The last step in the closing prosess it to transfer the income summary account balance into retained earnings.
Income Sumary will be used to close the temporary accounts which are, dividends, revenues and expenses:
Income Sumary
<u>Debit Credit</u>
to close revenues 75,000
to close expenses 42,000
to close dividends 19,000
totals: <u>61,000 75,000</u>
Balance: 14,000
this is the amount to transfer into retained earnings.
