Answer:
d. Credit to lease receivable of $35,259
Explanation:
Date General Journal Debit Credit
Cash $45,000
Lease receivable $35,259
($45000 - $9741)
Interest expense $9,741
[($239826-$45000)*5%]
Reviews from past and present ebay customers.
Also a report from the better business buea
I believe the answer is by the portion.
Answer:
Wealth is an abundance of money and if you are good with your savings are a way you can get wealth
Answer:
=$64,000
Explanation:
Max and Smart are forming partnership
Market Value of building = 100,000
The building carried mortgage by the partnership= 36,000
Smart is investing= 61,000
Balance of Maxwell capital Account will be Building value - Mortgage on building
=$100,000 - $36,000
=$64,000
Balance of Maxwell capital Account is equals to =$64,000
Capital account is the account that show the net worth of an enterprise or business in accounting.
