User Account

All Pages

How much is capital balance of mendez after admission

Assignment Help Accounting Basics
Reference no: EM133139164

Question - Admission by Investment of Assets - Mendez and Mercado are partners in 2M Partnership with capital balances of P550,000 and P350,000, respectively, they share in the income and loss in the ratio 1:3, respectively. The partners are considering the admission of Serrano.

Required - Compute the capital balance of each of the partners (old & new) after the admission of Serrano under each of the following independent assumptions. d. Serrano is to receive 20% interest in the partnership upon investing P200,000 cash Net assets of the partnership are fairly valued. Serrano is to be admitted using the bonus method.

How much is the capital balance of Mendez after the admission of Serrano?

How much is the capital balance of Manalo after the admission of Serrano?

How much is the capital credit of Serrano upon his admission to the partnership?

Reference no: EM133139164

Questions Cloud

What is annual erosion cost of adding the mid-range camper : The new mid-range camper will sell for $41,900. What is the annual erosion cost of adding the mid-range camper
Extrapolation of historical patterns : Identify the quantitative HR Demand prediction technique that is best described as an extrapolation of historical patterns? What information is used in this tec
What are the anticipated long-run affects : Do a little bit of research and thinking about your firm and the pandemic's influence. What are the anticipated long-run affects?
Bargain with a union seeking representation : The NLRB has the power to order an employer to recognize and bargain with a union seeking representation if
How much is capital balance of mendez after admission : Mendez and Mercado are partners in 2M Partnership with capital balances of P550,000. How much is the capital balance of Mendez after the admission of Serrano
Calculate the succession plan : In todays labour market do you think it is more or less important to have a succession plan? Do you think a company should prioritize the competencies the emplo
Define transferable skills : Define 'transferable skills'. Identify the transferable skills a payroll manager possesses
Thoughts on affirmative action policies : What are your thoughts on affirmative action policies? Should companies who are found to be in violation of discrimination laws be required to meet certain quot
Individual played as agent of socialization : Discuss the role that individual played as an agent of socialization and explain how that individual affected your socialization and your values,

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd