Chapter # 03 Partnership Q-1 Define Partnership and explain the features of Partnership? Ans. A partnership is the relationship existing between two or more persons who join to carry on a trade or business. Each person contributes money‚ property‚ labor or skill‚ and expects to share in the profits and losses of the business. A partnership must file an annual information return to report the income‚ deductions‚ gains‚ losses‚ etc.‚ from its operations‚ but it does not pay income tax. Instead
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30. (4) The accrual of interest and the amortization of the discount on December 31‚ 2011. (b) Show the proper balance sheet presentation for the liability for bonds payable on the December 31‚ 2011‚ balance sheet. (c) Provide the answers to the following questions in letter form. (1) What amount of interest expense is reported for 2011? (2) Would the bond interest expense reported in 2011 be the same as‚ greater than‚ or less than the amount that would be reported if the straight-line method
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Kenneth Smith 12/19/13 NT 1230 Unit 1 Problem Set 1 Page 25 1. The general public in the United States will be able to purchase all of the Windows 7 editions in retail stores except Basic‚ Enterprise‚ and Starter. 2. The core module that provides all of the Windows 7 capabilities that isn’t language or edition-specific is called Min Win module. 3. When you copy a file to a library‚ Windows Explorer writes the file to the folder designated as the Open and Save as
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C) Increasing government spending D) Increasing taxes on capital goods Answer: A 2) Assume that the full-employment level of output is $5000 billion and the natural unemployment rate is 5%. Suppose the current unemployment rate is 8%. What would be the current level of output according to Okun’s law (when the Okun’s law coefficient is 2)? A) $4500 billion B) $4700 billion C) $4900 billion D) $5300 billion Answer: B 4) Endogenous growth theory attempts to A) replace the Solow model
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Explain how Talon helps harley-Davidson employees improve their decision-making capabilities. The system helps improve decision-making capabilities by offering an enterprise wide view of sales‚expenses and operations. It automatically generates part orders‚ taking most of the guesswork out of replenishment and allows the company to review and analyze information across its global organization providing a wide information that supports strategic goal setting and decision making in all levels
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E. W APES-6th Period Food Web Questions Oct 2013 Salt Water Marshes- Q&A 1. Identify a potential symbiotic relationship (p.153-155) in your food web and describe it. Within our food web of Salt Water Marshes‚ located specifically in Virginia‚ there is a symbiotic relationship between the American Alligator and other organisms whose survival is dependent on the water they live in. During dry seasons‚ gator holes fill up with water‚ and could be one of the only locations with water. All the organisms
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incoming freshman class adjust to college by preparing them for life as an Agricultural Business student. More specifically preparing them for the CALS career fair‚ working with each student of their four-year plans‚ and being available for any questions they may have. 2. What skills/qualities have you acquired that will make you a better peer mentor next year? I feel as if I have acquired and improved many skills and qualities that will make me a better peer mentor next year. Public speaking
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elephants called? 8. True or false? Bats are mammals. 9. Bees are found on every continent of earth except for one‚ which is it? 10. True or false? Cats spend an average of 13 to 14 hours a day sleeping. 11. What is the fastest land animal in the world? 12. A ‘doe’ is what kind of animal? 13. True or false? Cougar’s are herbivores. 14. Groups of lions are known as what? 15. Is a dolphin a mammal? 16. What is the largest land animal in the world? 17. True of false? Snakes have slimy skin. 18. What is the
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military C) The same as the web D) a large network of networks Answer: D Section Ref: The Internet and How It Works 2) The concept of the Internet was developed in response to the ________ War. A) Korean B) Vietnam C) Cold D) Gulf Answer: C Section Ref: The Origin of the Internet 3) The World Wide Web was based on a protocol developed by ________. A) Microsoft B) Apple C) Tim Berners-Lee D) the U.S. government Answer: C Section Ref: The Origin of the Internet 4) The "fathers"
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croissants | X | | | X | | 4. | Bakery manager’s salary | | X | | | X | 5. | Wages of bakers | X | | | X | | 6. | Amortization of commercial ovens used in baking | | X | | | X | 7. | Insurance on building | | X | | | X | Problem 2-3 (CC 1‚ 2‚ 3‚ 4‚ 7‚ 9) (60 minutes) 1. | Cost Behaviour | Selling or Administrative | Product Cost | Cost Item | Variable | Fixed | Cost | Direct | Indirect | Factory labour‚ direct | $118‚000 | | | $118‚000 | | Advertising |
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