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Burka [1]
3 years ago
5

The balance sheet of a partnership will:_________

Business
1 answer:
Pachacha [2.7K]3 years ago
4 0

Answer:

b. show a separate capital account for each partner.

Explanation:

A partnership can be defined as a type of business ownership in which two or more individuals come together to start up a business and share the profits made together.

Balance sheet refers to a document that contains financial information about assets, liability, and equity.

A current asset can be defined as all of the assets that are being owned by a company or business entity and are expected to be converted into their cash equivalent through sales or use within a period of one year of its date on the organization's balance sheet.

In Financial accounting, the balance sheet of a partnership is typically designed to show a separate capital account for each partner. Thus, if there are four or more people in a partnership form of business, each of them would have a separate capital account in the balance sheet of the partnership.

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Which statement best explains why reporters should use mostly primary sources?
Flura [38]

Answer:

b

Explanation:

because it is the best one for that

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3 years ago
I WILL MARK THE BRAINLIEST
Nikitich [7]

Answer: B

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6 0
3 years ago
On August 1, Gilgen Brothers bought goods with a list price of $19,200, terms 2/10, n/30. The firm records purchases at invoice
N76 [4]

Answer:

Accounts payable Dr,    $16,800

Purchase discount Dr,    $336

             To Cash                    $16,464

Explanation:

The Journal entry is shown below:-

Accounts payable Dr,    $16,800

Purchase discount Dr,    $336

             To Cash                    $16,464

(Being Cash is recorded)

Working Note :-

List price of goods after return = $19,200 - 2400

= $16,800

Discount on balance = 16800 × 0.02

= $336

For recording the cash we simply debited accounts payable, purchase discount and credited the cash

5 0
4 years ago
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lilavasa [31]

Answer:

The answer is: too much data

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If you follow Frank's recommendations, you would be examining seven factors (social media effects, personal recommendations, the book's place, the cover, customers' habits, type of cover and store's atmosphere). Some of them might even be opposing to the others, e.g. customer never read a book by that author, but likes the cover design, but only buys books with paperback covers, is in love with the store's clerk, likes romance but only reads action novels.

This is simply too much information. If you want to increase sales, it is better to focus on specific variables, or even a couple at most.

7 0
3 years ago
Every company strives to keep _________ brand positive. her his its their
forsale [732]
<span> Every company strives to keep their brand positive.</span>
3 0
4 years ago
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