1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sergejj [24]
3 years ago
13

Gary, Peter, and Chris own a firm as partners. Gary has a capital balance ofâ $22,000; Peter a capital balance ofâ $42,000; and

Chris has a capital balance ofâ $32,000. As per the partnershipâ agreement, Gary gets a profit share ofâ 2/9; Peter hasâ 4/9; and Chris hasâ 3/9. Which of the following isâ true, if Gary withdraws from the partnership by receivingâ $22,000?
A.â Gary, Capital will be debited forâ $22,000.
B. Cash is debited forâ $22,000.
C.â Peter, Capital andâ Chris, Capital will be credited forâ$11,000 each.
D. âPeter, Capital will be credited forâ $22,000.
Business
1 answer:
alekssr [168]3 years ago
8 0

Answer:

<h2>answer: </h2>

Explanation:

You might be interested in
6. What do you pay for a twelve-ounce can? What are the real social costs of producing a can of Coke – in terms of water, power
VladimirAG [237]

Answer and Explanation:

To pay for a twelve ounce can it costs between 50 cents to a dollar. The social costs of producing a can coke, in which 9 liters of fresh water is used which effects fresh water supply on earth due to its contamination. The cost of making coke :costs more higher, where it has to maintain its employees, buildings, its road transportation, garbage disposal, and many more. People who are living near the coke plant building pays all these costs, and all people pays a equal part as it is taking from earth.

4 0
3 years ago
Which activity relates to judging the seriousness or gravity of a given problem?
yKpoI14uk [10]

B. Evaluation  

Evaluating means to systematically determine somethings merits and significance, including the seriousness or gravity of a problem.

3 0
3 years ago
Read 2 more answers
MakerMan Manufacturing creates heavy-duty hand tools. It produces a new collapsible hammer called the SmackN’Stash. One of the f
never [62]

Answer:

Anyone who is injured by a defective product may sue the manufacturer, merchants and all others who handled the product.

Explanation:

Strict liability is a legal doctrine that holds a person responsible for the damages or loss caused by his or her acts or omissions. In torts, strict liability is the doctrine that imposes liability on a party or person without a finding of fault. A finding of fault would be negligence or tortious intent.

Strict liability is an important factor in maintaining safety in high-risk environments by encouraging individuals, employers, and other parties to implement the means to prevent injuries and damages. Construction, manufacturing, and other potentially dangerous work settings are typically subject to strict liability.

5 0
3 years ago
Old Tired Professor Mullen, Inc. has $20,000 of ending (EI) finished goods inventory. If beginning (BI) finished goods inventory
Zolol [24]

Difference between beginning and ending CoG: 20,000-10,000 = 10,000

Difference + sold:

10,000 + 40,000 = 50,000

Answer: $50,000

3 0
3 years ago
Data for Divisions A, B, C, D, and E are as follows:
Law Incorporation [45]

Answer:

1. A

2. B WHICH DIVISONS IS MUST PROFITABLE IN TERM OF RACE OF TURN ON ENVRONMENT

6 0
3 years ago
Other questions:
  • A simple trust had $25,000 in capital gains, $10,000 in municipal interest, $5,000 in corporate bond interest, and $2,000 in acc
    7·1 answer
  • Kendra is the new finance manager for a swiftly growing software company. She frequently works with other departments to assist
    6·1 answer
  • Sole Occhiali Group, an Italian company that sells sunglasses, reported Net Sales of $181,000 and Cost of Goods Sold of $59,500.
    9·1 answer
  • Who likes juice wrld
    11·2 answers
  • All else equal, an increase in savings will cause capital stock to:
    6·1 answer
  • Some of the transactions of Torres Company during August are listed below. Torres uses the periodic inventory method.
    10·1 answer
  • Isaac holds one ton of perishable fruit in storage for Juice Smoothies Corporation. Juice Smoothies does not pay for the storage
    11·1 answer
  • Select the correct statement below regarding Manufacturing Overhead: Multiple Choice Manufacturing overhead is always an estimat
    13·1 answer
  • ABC Company has completed the basic format to be used in preparing the statement of cash flows (indirect method). Listed below i
    8·1 answer
  • In economics, the phrase "There is no such thing as a free lunch" means what?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!