subject
Business, 26.01.2020 03:31 lizzyyyvv

Mary and david are partners who share profits and losses on a 3: 1 basis. this means mary receives 75% and david receives 25% of income after any allocations. mary receives a salary allowance of $15,000. earnings for the period total $51,000. what will be the total amount credited to mary's capital account when the income summary account is closed?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 15:30
Kayla and jada are roommates in new york city. both kayla and jada recently received pay raises. kayla now buys more movie tickets than before, but jada buys fewer. kayla behaves as if movie tickets are goods and jada's income elasticity of demand for movie tickets is
Answers: 2
question
Business, 22.06.2019 00:50
Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?
Answers: 1
question
Business, 22.06.2019 14:00
Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate
Answers: 1
question
Business, 23.06.2019 00:10
Many years ago, sprint telecommunications aired an advertisement intended to demonstrate the clarity of reception sprint customers could expect. the ad showed a rancher, who had used a different company, complaining that he had ordered 100 oxen from his supplier and instead received 100 dachshunds. the mix-up was probably due to the presence of in the communication process.
Answers: 3
You know the right answer?
Mary and david are partners who share profits and losses on a 3: 1 basis. this means mary receives 7...
Questions
question
Mathematics, 30.03.2021 23:20
question
Mathematics, 30.03.2021 23:20
question
English, 30.03.2021 23:20
question
Chemistry, 30.03.2021 23:20