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Komok [63]
3 years ago
9

Able, Baker, and Carter have partnership capital account balances of $600000 each. Income and losses are shared equally. Carter

agrees to sell three-fourths of his ownership interest to Able for $525000 and one-fourth to Baker for $187500. Able and Baker will use personal assets to purchase Carter’s interest. The partnership's entry to record Carter’s withdrawal from the partnership would be
Business
1 answer:
poizon [28]3 years ago
4 0

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For recording this we debited the carter capital as it shows the withdrawn amount and credited the able capital and baker capital so that the total withdrawn collected from these partners could come

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Answer:

The amount of the fee is $1689.60

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A sample consensus formula for fluid replacement recommends that a balanced salt solution be administered in the first 24 hours
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A 176-lb (80-kg) man with a 30% burn should receive a minimum of 2,400 ml of fluid replacement in the first 8 hours

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<em>Step 2: Determine total minimum ml  in the first 24 hours</em>

This can be expressed as;

Total minimum ml to be administered=Total minimum ml to be administered per percentage of burn×percentage of burn

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percentage of burn=30%

replacing;

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<em>Step 2: Determine total minimum ml  in the first 8 hours</em>

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3 years ago
Assume the economy is on aggregate demand AD1. The Fed should attempt to raise investment by enough to shift aggregate demand fr
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Answer:

AD2 and then to AD3

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