Homework Answers
| a1 | |||
| Trent Henry,Capital | 39000 | =195000*1/5 | |
| Tim Chou,Capital | 35100 | =140400*1/4 | |
| LeAnne Gilbert, Capital | 74100 | ||
| a2 | |||
| Cash | 47600 | ||
| Becky Clarke, Capital | 47600 | ||
| b | |||
| Capital balance | |||
| Trent Henry | 156000 | =195000-39000 | |
| Tim Chou | 105300 | =140400-35100 | |
| LeAnne Gilbert | 74100 | ||
| Becky Clarke | 47600 |
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eBook Show Me How Calculator Print Item Admitting New Partners Who Buy an Interest and Contribute...
OOK Show Me How Calculator Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts o...
OOK Show Me How Calculator Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry and Tim Chou have balances of $161,000 and $116,000, respectively. Leanne Gibertad Bedry Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry's interest for $37,000 and one fourth of Chou's interest for $25.500. Clare contributes $39.100 cash to the partnership, for which she is to receive an ownership equity of $39,300. al. Journalize the entry...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry and Tim Chou have balances of $145,500 and $104,800, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry's interest for $33,500 and one-fourth of Chou's interest for $23,100. Clarke contributes $35,500 cash to the partnership, for which she is to receive an ownership equity of $35,500. al. Journalize the entry to record the admission of...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry and Tim Chou have balances of $188,500 and $135,600, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry's interest for $43,400 and one-fourth of Chou's interest for $29,800. Clarke contributes $46,000 cash to the partnership, for which she is to receive an ownership equity of $46,000. al. Journalize the entry to record the admission of...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry and Tim Chou have balances of $170,500 and $122,800, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry's interest for $39,200 and one-fourth of Chou's interest for $27,000. Clarke contributes $41,600 cash to the partnership, for which she is to receive an ownership equity of $41,600. al. Journalize the entry to record the admission of...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry and Tim Chou have balances of $138,000 and $99,200, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry's interest for $31,700 and one-fourth of Chou's interest for $21,800. Clarke contributes $33,700 cash to the partnership, for which she is to receive an ownership equity of $33,700. al. Journalize the entry to record the admission of...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry and Tim Chou have balances of $134,500 and $96,800, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry’s interest for $30,900 and one-fourth of Chou’s interest for $21,300. Clarke contributes $32,800 cash to the partnership, for which she is to receive an ownership equity of $32,800. a1. Journalize the entry to record the admission of...
Admitting New Partners who buy an Interest and Contributes The capital accounts of Trent Henry and...
Admitting New Partners who buy an Interest and Contributes The capital accounts of Trent Henry and Tim Chou have balances of $122.500 and $3,400, respectively. Lenn e rt and Becky Clarke are to be admitted to the partnership olbert buys one-Enth of Henry's interest for $28.200 and one fourth of Chou's interest for $19.400. Clarke contributes 129.900 cash to the partnership for which she is to receive an ownership equity of $29.900 al. Joumalize the entry to record the admission...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry and Tim Chou have balances of $139,000 and $100,000, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry’s interest for $32,000 and one-fourth of Chou’s interest for $22,000. Clarke contributes $33,900 cash to the partnership, for which she is to receive an ownership equity of $33,900. a1. Journalize the entry to record the admission of...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry and Tim Chou have balances of $163,000 and $117,200, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry’s interest for $37,500 and one-fourth of Chou’s interest for $25,800. Clarke contributes $39,800 cash to the partnership, for which she is to receive an ownership equity of $39,800. a1. Journalize the entry to record the admission of...
EX 12-10. Admitting new partners who buy an interest and contribute assets Obj. 3 Show Me...
EX 12-10. Admitting new partners who buy an interest and contribute assets Obj. 3 Show Me How The capital accounts of Trent Henry and Tim Chou have balances of $160,000 and $100,000, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry's inter- est for $35,000 and one- fourth of Chou's interest for $29,000. Clarke con- tributes $90,000 cash to the partnership, for which she is to receive an own- ership equity...
OOK Show Me How Calculator Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry and Tim Chou have balances of $161,000 and $116,000, respectively. Leanne Gibertad Bedry Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry's interest for $37,000 and one fourth of Chou's interest for $25.500. Clare contributes $39.100 cash to the partnership, for which she is to receive an ownership equity of $39,300. al. Journalize the entry...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry and Tim Chou have balances of $145,500 and $104,800, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry's interest for $33,500 and one-fourth of Chou's interest for $23,100. Clarke contributes $35,500 cash to the partnership, for which she is to receive an ownership equity of $35,500. al. Journalize the entry to record the admission of...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry and Tim Chou have balances of $188,500 and $135,600, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry's interest for $43,400 and one-fourth of Chou's interest for $29,800. Clarke contributes $46,000 cash to the partnership, for which she is to receive an ownership equity of $46,000. al. Journalize the entry to record the admission of...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry and Tim Chou have balances of $170,500 and $122,800, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry's interest for $39,200 and one-fourth of Chou's interest for $27,000. Clarke contributes $41,600 cash to the partnership, for which she is to receive an ownership equity of $41,600. al. Journalize the entry to record the admission of...
Admitting New Partners Who Buy an Interest and Contribute Assets The capital accounts of Trent Henry and Tim Chou have balances of $138,000 and $99,200, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry's interest for $31,700 and one-fourth of Chou's interest for $21,800. Clarke contributes $33,700 cash to the partnership, for which she is to receive an ownership equity of $33,700. al. Journalize the entry to record the admission of...
Admitting New Partners who buy an Interest and Contributes The capital accounts of Trent Henry and Tim Chou have balances of $122.500 and $3,400, respectively. Lenn e rt and Becky Clarke are to be admitted to the partnership olbert buys one-Enth of Henry's interest for $28.200 and one fourth of Chou's interest for $19.400. Clarke contributes 129.900 cash to the partnership for which she is to receive an ownership equity of $29.900 al. Joumalize the entry to record the admission...
EX 12-10. Admitting new partners who buy an interest and contribute assets Obj. 3 Show Me How The capital accounts of Trent Henry and Tim Chou have balances of $160,000 and $100,000, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry's inter- est for $35,000 and one- fourth of Chou's interest for $29,000. Clarke con- tributes $90,000 cash to the partnership, for which she is to receive an own- ership equity...
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