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 14
A partnership has the following capital balances: A partnership has the following capital balances:   Profits and losses are split as follows: Allen (20%), Burns (30%), and Costello (50%).Costello wants to leave the partnership and is paid $ 100,000 from the business based on provisions in the articles of partnership.If the partnership uses the bonus method, what is the balance of Burns's capital account after Costello withdraws a.$24,000. B)$27,000. C)$33,000. D)$36,000. Profits and losses are split as follows: Allen (20%), Burns (30%), and Costello (50%).Costello wants to leave the partnership and is paid $ 100,000 from the business based on provisions in the articles of partnership.If the partnership uses the bonus method, what is the balance of Burns's capital account after Costello withdraws a.$24,000.
B)$27,000.
C)$33,000.
D)$36,000.
التوضيح
موثّق
like image
like image

The balance of B's capital account after...

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