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book Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik cover

Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

النسخة 10الرقم المعياري الدولي: 978-1260575910
book Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik cover

Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

النسخة 10الرقم المعياري الدولي: 978-1260575910
تمرين 36
The capital balance for Bolcar is $110,000 and for Neary is $40,000.These two partners share profits and losses 70 percent (Bolcar) and 30 percent (Neary).Kansas invests $50,000 in cash into the partnership for a 30 percent ownership.The bonus method will be used.What is Neary's capital balance after Kansas's investment
a.$35,000.
b.$37,000.
c.$40,000.
d.$43,000.
التوضيح
موثّق
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Answer: Option b).$37,000
Neary's capita...

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Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
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