subject
Business, 04.04.2020 14:37 1846252

Tomas and Saturn are partners who share income in the ratio of 3:1. Their capital balances are $80,000 and $120,000, respectively. Income Summary has a credit balance of $30,000. What is Tomas's capital balance after closing Income Summary to the capital accounts?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 06:30
Select all that apply. what do opponents of minimum wage believe are the results of minimum wage? increases personal income results in job shortages causes unemployment raises prices of goods
Answers: 1
question
Business, 22.06.2019 08:50
Suppose that in an economy the structural unemployment rate is 2.2 percent, the natural unemployment rate is 5.3 percent, and the cyclical unemployment rate is 2 percent. the frictional unemployment rate is percent and the actual unemployment rate (in this economy) is percent.
Answers: 2
question
Business, 22.06.2019 11:30
Buyer henry is going to accept seller shannon's $282,500 counteroffer. when will this counteroffer become a contract. a. counteroffers cannot become contracts b. when henry gives shannon notice of the acceptance c. when henry signs the counteroffer d. when shannon first made the counteroffer
Answers: 3
question
Business, 23.06.2019 09:00
In command economy, who makes production decisions? a. workers b. producers c. consumers d. the government
Answers: 1
You know the right answer?
Tomas and Saturn are partners who share income in the ratio of 3:1. Their capital balances are $80,0...
Questions
question
Biology, 27.09.2019 17:30
question
Mathematics, 27.09.2019 17:30
question
Mathematics, 27.09.2019 17:30
question
English, 27.09.2019 17:30
question
Mathematics, 27.09.2019 17:30
question
Mathematics, 27.09.2019 17:30
question
Mathematics, 27.09.2019 17:30
Questions on the website: 13722367