MODULE - 4 Partnership Accounts Notes 20 RETIREMENT AND DEATH OF A PARTNER If you look around‚ you must have noticed people in your relation and in your neighbourhood running business in partnership. You must have seen people quitting partnership firm or a person dies while in partnership. These are the events that take place during the lifetime of a partnership firm. Some issues arise on the happening of these events involving finance. Some assets and liabilities may need revaluation‚ goodwill
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Austin Zhuang Mr. Monroe Lit/Writ 1 12 Feb 2014 To Kill A Mockingbird: Post-Trial Diary Entry 21 November 1935 Dear Diary‚ It has come to an end of the trial‚ and all I am feeling right now is this situation‚ which feels extremely tense. Tom Robinson‚ the suspect in whom my dad‚ Atticus‚ is defending has still been considered guilty‚ even after my dad’s long speech of “equality among race” to the courthouse. I have apathy for the cruelty and harshness in the society of Maycomb
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The Income Statement accounts (with normal account balances) from the Adjusted Trial Balance of MJM Co. at 12/31/08 is as follows: Sales 1‚500‚000 Cost of Goods Sold 600‚000 Selling Administrative Expense 300‚000 Interest Revenue 180‚000 Gain on the Sale of Equipment 270‚000 Loss on the Sale of IBM Stock 300‚000 Loss from Discontinued Division Operations 750‚000 Gain on the Sale of the Discontinued Division 900‚000 Extraordinary Gain from Tornado Insurance 1‚050‚000 Income Tax Expense (at 30% Rate)
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Interest is paid semiannually on June 30 and December 31. Required: • 1. Determine the price of the bonds at January 1‚ 2013. • 2. Prepare the journal entry to record their issuance by The Bradford Company on January 1‚ 2013 • 3. Prepare the journal entry to record interest on June 30‚ 2013 (at the effective rate). • 4. Prepare the journal entry to record interest on December 31‚ 2013 (at the effective rate). 1. Interest for 4M @ 11‚46992 is $45‚879‚680 Principle 80M @ 0.31180 is 24‚944
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Journal Entry number 6‚ my 6th husband has died. It was such a tragical death‚ I wrote slightly sarcastically. He was stabbed 6 times before he unlocked the door to our house. He was the richest man in our town. From your widow‚ Jacqueline Diamond. It was a cold January day‚ President Polk just announced‚ some man in California found a gold nugget. I think it’s a setup for all the people going no one will ever get rich off of the gold. The president is just pulling everyone’s leg. “Jacqueline
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Angela’s Ashes Journal Entry-Frank Today‚ my classmate Mickey Spellacy’s sister finally passed away. Mickey’s hope became real. Now Mickey can get a week off from school because of sister’s death. He seemed really happy today. However‚ he did not keep the promise. Mickey promised to Billy Campbell and me that if we pray that his sister will die in the middle of school term‚ he said he will invite us to his sister’s wake. It was so silly and wrong that Billy and I prayed that Mickey’s sister will
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Journal Entry #1: April 5‚ 200‚ Dawn‚ Chang’an Finally‚ I’m leaving. Within the past few days I have been gathering food and goods for the trip to Rome. I’m very nervous‚ I’ve never been that far away from home. Late last night I said bye to my wife and two children‚ my wife was very scared‚ for I would be gone for much longer than a year‚ I did not want to leave‚ but it was my duty. The ravenous terrain ahead of me now is astounding‚ there are steep mountains‚ vast deserts and I am going to
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Double-entry journals Journal writing is a way to record your thoughts. They can record personal responses to everyday experiences‚ like diaries‚ or they can record intellectual responses to academic work‚ like the double-entry journals you’ll be keeping during our study of various texts. Disciplining yourself into writing down your questions‚ observations‚ emotional reactions‚ and reflections helps you read more deeply and sort out what’s going on‚ at the surface level of the story and beneath
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COL 101 Journal #9 Name: ______________________________________________________ Remember‚ dive deep. When you explore your motivation at a deep level‚ you improve your chances of having an important insight that can change your life for the better. So dive deep and discover what really motivates you. Journal Entry 9 In this activity‚ you will design one or more parts of your life plan. To focus your thoughts‚ glance back at Pilar’s life plan and use it as a model. 1.) In your journal complete
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Life As A Slave Journal Entry One Dear Journal‚ This is my first time writing in any kind of journal so I’m kind of new to this. My name is John Bow and I am a slave in a Georgia plantation. So‚ to start this journal entry out I will start to talk about my day. Today has been such a long day; my master has had me doing so many things today. I’m so tired and I just want to be home with my wife and eat. We don’t get much food and it isn’t that great‚ but it’s food. My day today consisted
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