Which of the following statements is correct regarding partnerships?
A) Accounting for a partnership is similar to accounting for a corporation.
B) If the partnership assumes a liability related to an asset invested in the partnership, the partner's capital account is credited and a liability account is debited.
C) It is necessary to maintain separate Capital and Withdrawals accounts for each partner.
D) All of these choices.
C
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If a company has $152,000 of revenues, declares and pays $55,000 in dividends, and has net income of $89,000, how much were expenses for the year?
a. $ 8,000 b. $ 63,000 c. $144,000 d. Unable to determine the amount due to incomplete information.
________ involve a like, dislike, or ambivalence toward something
A) Motivations B) Reference groups C) Attitudes D) Cues E) Reinforcements
How have Walmart’s long-term goals differed from its short-term goals?
a. They are much more ambitious and aspirational. b. They are much more profit-centered. c. They are relatively easier to achieve. d. They are more related to emissions than waste.
In Step 2 of the Giving Praise Model, the employee being praised is told ______.
A. what their reward will be B. how the supervisor learned about the performance C. why the praised behavior is important D. a reason to repeat the performance