subject
Business, 16.04.2020 00:10 justintsmith6415

Demarco Lee invested $53,000 in the Camden & Sayler partnership for ownership equity of $53,000. Prior to the investment, equipment was revalued to a market value of $376,000 from a book value of $307,000. Kevin Camden and Chloe Sayler share net income in a 1:3 ratio.

Required:

a. Provide the journal entry for the revaluation of equation.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 23:30
Minneapolis federal reserve bank economist edward prescott estimates the elasticity of the u.s. labor supply to be 3. given this elasticity, what would be the impact of funding the social security program with tax increases on the number of hours worked and on the amount of taxes collected to fund social security?
Answers: 2
question
Business, 23.06.2019 07:00
Ricardo conducts a survey to learn where consumers get information for buying used cars. this is an example of
Answers: 1
question
Business, 23.06.2019 21:00
Awatch manufacturing company has priced its goods at a rate which is higher than what other companies offer. the watches made by this company do not have any stand out feature to differentiate itself from the other companies or justify its high price. this company would be considered as a firm.
Answers: 1
question
Business, 23.06.2019 21:30
The 2007 nbi data were analyzed and the results made available oat the fhwa web site. using the fhwa inspection rations, each of the 599,766 highway bridges in the united states was categorized as structurally deficient, functionally obsolete, or safe. about 12% of the bridges were found to be structurally deficient, while 13.5% were functionally obsolete. a. what is the variable of interest to the researchers? b. is the variable of part a quantitative or qualitative?
Answers: 3
You know the right answer?
Demarco Lee invested $53,000 in the Camden & Sayler partnership for ownership equity of $53,000....
Questions
question
English, 08.04.2020 20:36
question
Mathematics, 08.04.2020 20:36
question
Mathematics, 08.04.2020 20:36