Conklin plans to leave the CAP Partnership. The recorded value of his capital account is $48,000. The remaining partners Arthurs and Preston agree to pay Conklin $40,000 cash and Conklin accepts. The partners share income and loss equally. Prepare the general journal entry to record the withdrawal from the partnership.
What will be an ideal response?
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In the context of the department store patronage project, analyzing store charge card slips to examine customer store credit usage behaviors is an example of ________
A) mechanical observation B) personal observation C) content analysis D) trace analysis
Collaboration on team-written documents may be necessary for projects that ________
A) ?are big B) ?have short deadlines C) ?require the expertise or consensus of many people D) ?encompass all of these conditions
_______________ communication is the ability to give and exchange information, ideas, and processes verbally, either one-on-one or as a group.
a. Oral b. Nonverbal c. Written d. Electronic
When estimating sample size, a 90 percent confidence level will result in a smaller sample size than a 95 percent confidence level
Indicate whether the statement is true or false