Prepare the journal entries to liquidate the partnership on December 31, 2018.

A partnership has the following balance sheet at December 31, 2018. Blair and Smith share profits

50:50.




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Which one of the following situations reflects a weak internal control system?

a. All employees are well supervised. b. A single employee is responsible for comparing a receiving report to an invoice. c. All employees must take their vacations. d. A single employee is responsible for collecting and recording of cash.

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Dividend yield is computed by dividing earnings per share by the market value per share.

Answer the following statement true (T) or false (F)

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One reason for using the author-date form of documentation is that

A) many writers prefer tracking endnotes and footnotes consecutively. B) omitting citations would leave an inaccurate impression of the report's conclusions. C) subsequent citations in the narrative will require less space. D) it subordinates sources based on direct quotations rather than paraphrased text material. E) it provides some information about the source on the page where the citation occurs.

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Which agency establishes rules for treating both hazardous and nonhazardous forms of solid waste?

A) The National Environmental Policy Act B) The Toxic Substances Control Act C) The Safe Drinking Water Act D) The Resource Conversation and Recovery Act

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