Solved: Mona contributing 70000 hank contributing 50000 and mariel, Accounting Basics

+44 141 628 6080
[email protected]

Mona contributing 70000 hank contributing 50000 and mariel

Question - Mona contributing $70,000 Hank contributing $50,000 and Mariel contributing $60,000. Their partnership agreement called for the income loss division, based on ratio of capital investments. If the partnership had income of $90,000 for its first year of operation.

What amount of income would be credited to Mariel's capital account?

Solution Preview :

Prepared by a verified Expert

Accounting Basics: Mona contributing 70000 hank contributing 50000 and mariel

Reference No:- TGS02884175

Now Priced at $25 (50% Discount)

Recommended (93%)

Rated (4.5/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : What is the relationship between ethics and the law why is

1 what is the relationship between ethics and the law2 why is knowing your audience and their needs important to the

Q : What componentsraw materials would you consider developing

pick a product you are familiar with if you were the procurement manager for the company that manufactures this product

Q : Explain what you consider to be the three most important

based on courses you have taken or an internet search describe in your own words the purpose of a project plan then

Q : Identify different challenges that exist for maintaining or

strategic alliances in the pharmaceutical and biotechnology industry1 identify different challenges that exist for

Q : Mona contributing 70000 hank contributing 50000 and mariel

question - mona contributing 70000 hank contributing 50000 and mariel contributing 60000 their partnership agreement

Q : The actual cleaning equipment and supplies for the month

question - pratte boat washs cost formula for its cleaning equipment and supplies is 2570 per month plus 48 per boat

Q : How many units should visser order should management decide

visser inc sells nutritious rich crab meat in 24 ounce recyclable containers the cost to visser to purchase crab meat

Q : In 2017 marin declared and paid dividends of 27000 how much

question - outstanding stock of the marin corporation included 54000 shares of 5 par common stock and 20000 shares of 5

Q : Books articles seminars and speeches abound espousing the

write an abstract paragraphbooks articles seminars and speeches abound espousing the virtues of great leaders effusive

1950761

Questions
Asked

3,689

Active Tutors

1445674

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Introduce the instrument you are focusing on

Introduce the instrument you're focusing on. Provide some background information about it and state why it's important in psychological assessment.

Describe psychology research methods

Question: An old adage in psychology research methods courses is that "correlation does not prove causation".

Competence and confidence when imagining or engaging

Question: Jarrett generally feels a sense of competence and confidence when imagining or engaging in communication.

How does instagram shape the ways we see our bodies

Question: How does Instagram shape the ways we see our bodies? Our gender?

Determining whether male college students

Dr. Smith is interested in determining whether male college students who have a significant stuttering problem are also likely to be introverted.

Defining characteristic of permissive-indulgent parents

What is a defining characteristic of permissive-indulgent parents? They are indifferent and uninvolved with their children.

Why consciousness is an especially important

Consciousness is an especially important team member characteristic. Research indicates that mixing highly conscious individuals in a team