expand icon
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 50
The capital balance for Messalina is $210,000 and for Romulus is $140,000.These two partners share profits and losses 60 percent (Messalina) and 40 percent (Romulus).Claudius invests $100,000 in cash in the partnership for a 20 percent ownership.The bonus method will be used.What are the capital balances for Messalina, Romulus, and Claudius after this investment is recorded
a.$216,000, $144,000.$90,000.
b.$218,000.$142,000, $88,000.
c.$222,000, $148,000, $80,000.
d.$240,000, $160,000, $100,000.
التوضيح
موثّق
like image
like image

Answer: Option a).$216,000, $144,000, $9...

close menu
Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
cross icon