Question: PLEASE ANSWER QUESTION CORRECTLY AND SHIW WORK PLEASE!!! Black, Jade, and Joe has the following capital account balances and profit and loss ratios: $60,000(30%);$100,000(20%); and

PLEASE ANSWER QUESTION CORRECTLY AND SHIW WORK PLEASE!!!

Black, Jade, and Joe has the following capital account balances and profit and loss ratios: $60,000(30%);$100,000(20%); and $200,000 (50\%). The partnership has received a predistribution plan. How would $55,000 be distributed? a. Option D. b. Option B. c. Option C. d. Option A. e. Option E

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Boeing and Airbus are the world's only major producers of large, wide-bodied aircrafts. But with the cost of fuel increasing and changing demand in the airline industry, the need for smaller regional...

Hi there. I need my assignment checked please by an expert. Correct what is wrong. Please be sure of it. I will post the questions in the photos. and the answers I'll list them below. I need it by...

please answer question 1,2,3,4,5 DA2 Risk For Students(2) (1) QSearch Sheet AutoSave FF Review View DComments Home Insert Draw Page Layout Formulas Data Share _ 4 AY Insert vA A General Calibri...

hello, can you please help me answer the questions attached. Attached is the case merger and sample write-up. Its be in Times New Roman 12-point font, double-spaced and 4 pages. Any supporting...

Additional information: 1. Closing inventory on 30 June, 2018 Shs 25,000,000. During the year, stock (secondhand clothes) worth Shs 5,500,000 got burned following a fire outbreak. This stock was not...

I am unsure how to start this and how to fill out excel. Please help, question below. Question: Part 1 - Excel Sheet Prepare Ratios Ratios for National Beverage Corp. concerning liquidity, solvency,...

Old MathJax webview AFE3692 Assignment 2 Question 1 (20 marks) The following information is available for United Ltd for the year ended 30 June 2019: Authorised share capital: 2 000 000 Ordinary...

I am re asking this one since I didn't get a complete one and it was clear so I couldn't even read it, could I please get clearly written and solution I want to know how you calculated each number...

QUESTION FOUR [25] Stan and Ben are in partnership, sharing profits and losses in the ratio of their capital account balances at the beginning of the financial year. On 30 June 2019, Stan deposited...

Please answer all the questions. ========================== ========================== ========================== Gleim 9-13 Basis deprec sale property [1] Mr. Black purchased his first house in...

write Analysis, Interpretation, and Findings of this ratio. 3. Net Interest Margin: Table No. 5: Net Interest Margin 5-year 5-year BANK 2015 2016 2017 2018 2019 sector average average Bank Muscat...

You are working in Mexico City on an assignment for one year. You are being trained in the Mexican sales department of a U.S. medical instrument company. You are excited because you are about to bid...

Given a weighted connected undirected graph, a minimal spanning tree Question 1 options: is a spanning tree for which the number of edges is as small as possible is a spanning tree for which the edge...

Hypothesis Testing of a Single Mean LCTCS Tuition: Louisiana Community And Technical College System consist of 2 community colleges across the state. I think RPCC's tuition and fees is lower than the...

3. What techniques do people use to assert power in communication interactions?

1. How do definitions of culture influence peoples perspectives on intercultural communication?

What is human nature?