Joan pays Eva $60,000 for her $40,000 interest in a partnership. The entry to record the sale on the partnership books is:
A) Eva, Capital 60,000 Joan, Capital 60,000
B) Joan, Capital 60,000 Eva, Capital 60,000
C) Eva, Capital 60,000 Cash 60,000
D) Eva, Capital 40,000 Joan, Capital 40,000
D
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In the ________ stage of the relationship development process, the owner of several retirement centers has agreed that Fashion Seal Uniforms will be the only supplier of uniforms for her employees. Andy, the salesperson for Fashion Seal, has agreed to make some modifications in the uniforms to suit the needs of the retirement center personnel. Both parties view this as a long-term relationship built on mutual trust.
A. exploration B. attraction C. commitment D. expansion E. awareness
When using the direct method, how is the payment of a cash dividend shown on the statement of cash flows?
a. Operating activity b. Investing activity c. Financing activity d. Noncash investing and financing activity
Cultures are demarcated by
A. geographic borders. B. fashion and preference of citizens. C. spoken language and body language. D. local legislation.
In formatting a report, you discover than an entire table will not fit on the bottom of a page; the best formatting decision would be to
a. place the table prior to the text reference to it if that placement will allow the entire table to appear on the page. b. begin the table, allow an adequate margin at the bottom of the page, and begin the next page with the continuation of the table. c. introduce the table, continue the graphic interpretation to the bottom of the page, and begin the next page with the table. d. end the page with the introduction to the table, regardless of the space on the page.