Answer:
A. $86,900
Explanation:
Henry’s capital account will be credited by the amount of $86,900. See computation below.
Cash $57,300
Equipment 34,100
Inventory 10,400
Note payable (14,900)
————
Total $86,900
*Both the equipment and the inventory will be recorded on partnership’s book at fair market value at the time of contribution.
*The partnership may absorb the obligation if it is associated with an asset contributed by partner. Thus, it will be deducted to his capital account as contribution to the partnership.
The auditor's count of the client's cash should be coordinated to coincide with the ''count of investment securities'' since both mean counting/managing money.
I don’t get it umm maybe try explaining it more
Answer:
Succession management
Explanation:
Succession management can be described as a process of identifying and training new individuals that will take on the role of new leaders. This is done inorder to replace the old leaders in the organisation when they eventually leave the company or retire.
Succession management is very essential because it helps to identify individuals that possess the right skills, experience and capabilities that is needed to move the organization to a higher level.
Succession management is very vital to ensure the continued success of the organization.
Answer:
Balance sheet Income statement statement of cashflows
owner's equity Cost of Goods sold Net changes is cash
land Income Tax Cash balance
Patent Insurance expenses
cash balance Advertising expenses
Account receivable
Long term liability
Explanation:
