User Account

All Pages

How much is the share of b

Assignment Help Financial Accounting
Reference no: EM132619626

A and B formed a partnership.

The partnership agreement stipulates the Annual salary allowances of F80,000 for A and F40,000 for B.

Question 1: The partners share in profits and losses equally. The partnership earned profit of F100,000. How much is the share of B?

Reference no: EM132619626

Questions Cloud

How much must invest at end of each year to be able to buy : 10% annually on her investments, how much must she invest at the end of each of the next 10 years to be able to buy her dream home when she retires?
Pass the necessary journal entries : A third tract of land (site number 623) was acquired for $650,000 and was put on the market for resale. Pass the necessary journal entries
Identify the alterations in health that you would propose : Identify three alterations in health that you would propose and describe them. On a separate references page, cite all sources using APA format.
Prepare the required journal entries : Prepare the required journal entries for the following unrelated items. A cash dividend of Rs 15000 is declared January 5, 2019, and paid January 25, 2019
How much is the share of b : A and B formed a partnership. The partners share in profits and losses equally. The partnership earned profit of F100,000. How much is the share of B
Difference between extrinsic and intrinsic motivation : What is the difference between extrinsic and intrinsic motivation?
President effect in appointing federal judges and analysis : Determine two (2) ways in which presidential philosophy can impact judicial decision making.
Protecting the environment-posh restaurant : Which option should the owner go for protecting the environment considering this is going to be a posh restaurant?
How do come up of depreciation : Under Depreciation, how do you come up with 4,000 of depreciation in 2012 @ 20% revenue and Capital & expenditure is 5,000

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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