A and B are partners of a firm sharing profits in the ratio of 3 2 C was admitted for the 1 5th share of profit in the firm For this, the machinery would be appreciated by 10 (book value Rs 80,000) and the building would be depreciated by 20 (book value Rs 2,00,000) Unrecorded debtors of Rs 1,250 ...

Particulars To Building Ac 20 x 200000 ...

A and B are partners of a firm sharing profits in the ratio of 3:2. C...

Fantastic news! We've Found the answer you've been seeking!

Question:

Related Book For answer-question

Financial Accounting Information For Decisions

ISBN: 978-0324672701

6th Edition

Authors: Robert w Ingram, Thomas L Albright

See More Books

Posted Date: Jan 16, 2021 08:38 AM

See More Questions

You are the manager of a midsized company that assembles personal computers. You purchase most componentssuch as random access memory (RAM)in a competitive market. Based on your marketing research,...
You are the manager of a monopolistically competitive firm, and your demand and cost functions are given by Q = 20 2P and C(Q) = 104 14Q + Q2. a. Find the inverse demand function for your firms...
You are the manager of a small U.S. firm that sells nails in a competitive U.S. market (the nails you sell are a standardized commodity; stores view your nails as identical to those available from...
No Opportunity Costs The Van Division of MotoCar Corporation has offered to purchase 180,000 wheels from the Wheel Division for $41 per wheel. At a normal volume of 500,000 wheels per year,...
Does a firm always measure the amount of interest capitalized by multiplying the weighted- average accumulated expenditures by the firms weighted- average interest rate? Explain.
The table on the next page shows the top 10 films of all time through July 2015, measured by box office receipts in the United States, as well as several other notable films farther down the list....
Why should unissued bonds be prenumbered consecutively?
In the year a road maintenance district was established, it engaged in the transactions that follow involving capital assets (all dollar amounts in thousands). The district maintains only a single...
Oakwood Financial Inc. was organized on February 28. Projected selling and administrative expenses for each of the first three months of operations are as follows: March April May $175,000 161,000...
The trial balance of Pacilio Security Services Inc. as of January 1, 2017, had the following normal balances: Cash ................. 78 , 972 P e t t y C a s h . . . . . . . . . . . . . . . . 100 A c...
The Atlantic Bluefin tuna is the largest and most endangered of the tuna species. They are found throughout the North Atlantic Ocean and the mean weight is 550 pounds. The Center for Biological...
A new blu-ray player costs $94.99 in the store. What would your total cost be if the sales tax is 4.5 % ? Round your answer to the nearest cent, if necessary.
The U.S. risk-free interest rate is 1.8% per year, the spot exchange rate is $0.89 per Canadian dollar, and the one-year forward exchange rate is $0.87 per Canadian dollar. If interest rate parity...
Nachos, Inc. paid $18,268.20 in interest expense on its long-term debt. If Nachos' average tax rate is 39%, what was the "tax savings" on this interest expense? (Round your answer to the nearest...
Batman is sitting in the Batmobile at a stoplight. As the light turns green the Joker passes Batman in his lime-green Pinto at a constant speed of 95.0 km/h. If Batman gives chase, accelerating at a...
Jeff Krause purchased 1,000 shares of a speculative stock in January for $1.93 per share. Six months later, he sold them for $10.35 per share. He uses an online broker that charges him $10.00 per...
Summarize the case. Who were the main parties in the case? What were the charges? What defense was used? Refer to Ch. 6 of Essential Criminal Law for possible defenses. What was the decision?...
An educational researcher devised a wooden toy assembly project to test learning in 6-year-olds. The time in seconds to assemble the project was noted, and the toy was disassembled out of the childs...
Where does the account Unearned Revenue appear in the financial statements? How does Unearned Revenue link Cash with Sales Revenue?
Multiple-Choice Questions 1. The primary difference between a statement of cash flows prepared in direct format and one prepared in indirect format is a. In how net cash flow from operations is...
Assume you are a financial manager with a U.S. corporation. A. Suliman is a recently employed manager in the Middle Eastern division of your corporation and a visitor to the United States. He has...
The equations of motion of a two-degree-of-freedom system are given by where $F_{1}(t)$ denotes a rectangular pulse of magnitude 5 acting over $0 \leq t \leq 2$. Find the solution of the...
Find the response of a simple pendulum numerically by solving the linearized equation: \[\ddot{\theta}+\frac{g}{l} \theta=0\] with $\frac{g}{l}=0.01$ and plot the response, $\theta(t)$, for \(0...
Using the Newmark method with $\alpha=\frac{1}{6}$ and $\beta=\frac{1}{2}$, solve Problem 11.20. Data From Problem 11.20:- The equations of motion of a two-degree-of-freedom system are given by...

A and B are partners of a firm sharing profits in the ratio of 3:2. C...

Question:

Expert Answer:

Particulars To Building Ac 20 x 200000 ... View the full answer

Financial Accounting Information For Decisions

Students also viewed these economics questions