All categories

3 years ago

Plz solve its timed!!!

Business

1 answer:

Luda [366]3 years ago

5 0

Answer:

Revaluation of assets and liabilities

Explanation:

The main adjustments required at the time of a partner from a partnership firm: Change in the profit sharing ratio. Accounting treatment of goodwill.

You might be interested in

In Shady Company, materials are entered at the beginning of each process. Work in process inventories, with the percentage of wo

Alchen [17]

Answer:

Physical Units in January 14,900

Physical Units in May 23,220

Explanation:

The question is to compute physical units for January and May for Shady Company based on the given information

Physical Units (Also known as the units to be accounted for)

= The Opening Workin Progress + The Units Started into Production

Note that this Units should also be equal to the following

= Units Transferred Out + the Ending Work in Progress units

It is therefore computed as follows:

Description January May

Units to be accounted for 0 0

Opening WIP

Started into Production 14,900 23,220

January (11,900 + 3,000)

May (15,600 + 7,620)

<u>Total Units 14,900 23,200</u>

Units accounted for

Units Transferred out 11,900 15,600

Closing Work in Progress 3,000 7,620

<u>Total Units 14,900 23,200</u>

6 0

3 years ago

Consider the labor market for computer programmers. During the late 1990s, the value of the marginal product of all computer pro

katovenus [111]

Answer:

increased

Explanation:

The correct answer is that the equilibrium wage increased as the equilibrium quantity of labor increased.

7 0

3 years ago

In order for the economy to be strong, businesses must? A.produce goods and pay workers B.provide labor and pay workers C.Produc

lord [1]

The correct answer is A. produce goods & pay workers

7 0

3 years ago

A(n) ________ is a description of how the researchers will measure the variables of interest.

fredd [130]

An OPERATIONAL DEFINITION is a description of how the researchers will measure the variable of interest. The operational definition of a variable refers to the specific technique which will be used to measure that variable in the research study. Establishing an operational definition will help the researcher to eliminate any gray area that might arise later.

5 0

3 years ago

Sandpiper Company reported the following year-end amounts: Beginning Inventory $22,950 Net Cost of Purchases 101,250 Ending Inve

Andrej [43]

Answer:

Closing Inventory = $31050

Explanation:

The cost of goods sold is the cost of the inventory that the business sells during a period of time. The cost of goods sold is calculated as follows,

Cost of Goods Sold = Opening Inventory + Purchases - Closing Inventory

As we already have the values for Opening inventory, net cost of purchases and the cost of goods sold, we can input these values in the above formula to calculate the cost of closing inventory.

93150 = 22950 + 101250 - Closing Inventory

93150 = 124200 - Closing Inventory

Closing Inventory = 124200 - 93150

Closing Inventory = $31050

8 0

4 years ago