A learning style that involves learning by touching, manipulating objects, and doing things is called a
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As a auditory/verbal learner, one way to study for a test wo…
As a auditory/verbal learner, one way to study for a test would be to
For a long time (in a galaxy far, far away), the partnership…
For a long time (in a galaxy far, far away), the partnership of Yoda, Qui-Gon Jinn, Obi-Wan Kenobi, and Mace Windu has operated a Jedi training academy. Based on the provisions of the partnership agreement, all profits and losses have been allocated on a 4:3:2:1 ratio, respectively. Recently, both Qui-Gon and Obi-Wan have undergone personal financial problems and as a result, these two individuals are now insolvent. To satisfy their personal legal obligations, the partnership must be liquidated. At the time that active operations cease and the liquidation is begun, the following balance sheet is produced for this partnership: Additional information: The property, plant, and equipment shown on the balance sheet is net of $100,000 accumulated depreciation. The partnership decided to liquidate gradually in 20X2. The following amounts were received from the sales of assets during January and February, 20X2: On January 31, equipment that had a book value of $200,000 (cost was $275,000) was sold for $225,000. On February 28, the accounts receivable and inventories were sold for $100,000. Liquidating expenses of $18,000 were paid in February. The partners agree to distribute the maximum amount of cash that can be safely distributed at the end of each month. The partnership agreement provides that, unless otherwise stated, the default provisions of the UPA of 1997 apply. Required: Insert a table in the field below to prepare a statement of partnership realization and liquidation for both January and February. Be sure that you prepare any appropriate safe payment schedules (by inserting additional tables as needed).
In the United States, the leading type of unintentional inju…
In the United States, the leading type of unintentional injury death is due to:
The easiest part of the POWER learning process is the ______…
The easiest part of the POWER learning process is the ______________ part.
Han Solo and Chewbacca are partners in a transport business…
Han Solo and Chewbacca are partners in a transport business and share profits and losses in the ratio of 3:2, respectively. Prior to recording the admission of Lando Calrissian as a new partner, Han has a capital balance of $80,000 and Chewbacca has a capital balance of $40,000. Required: For each of the following independent cases, use the field below to prepare the journal entry to record the admission of Lando to the partnership. In your response, be sure to specify which item you are answering by numbering your responses (1, 2, 3, 4, or 5). Lando purchased 20% of the respective capital balances of Han and Chewbacca, paying $12,000 cash and $8,000 cash directly to Han and Chewbacca, respectively. Lando invested $20,000 cash in the partnership for a 10% ownership interest. The partners agree that any difference between Lando’s investment and his proportionate book value is due to a change in value of the partnership’s main asset, the Millenium Falcon (equipment). Lando invested $40,000 cash in the partnership for a 20% ownership interest. Total capital after Lando’s admission is to be $160,000. Lando invested $50,000 cash in the partnership for a 20% ownership interest. The partners agree that the existing assets of the partnership are correctly valued. Lando will not accept a capital credit for less than his investment. Lando invested $30,000 cash in the partnership for a 25% ownership interest. The partners agree that the existing assets of the partnership are correctly valued. During negotiations, Han and Chewbacca refused to have their capital balances changed as a result of Lando’s admission.
True or False? The written plan for school health education…
True or False? The written plan for school health education is referred to as the health sequence.
As a read/write learner one way to study would be to
As a read/write learner one way to study would be to
An assessment between the match between a product or activit…
An assessment between the match between a product or activity and the goals it was intended to meet is called
The group whose primary role is to provide coordination of t…
The group whose primary role is to provide coordination of the various components of the Whole School, Whole Community, Whole Child model is the: