subject
Business, 13.05.2021 03:20 LForNotKnowingMath

WILL MARK BRAINLIEST! Hannah and John made capital contributions of $50,000 each to their law firm. During the accounting period, John withdrew $5,000 and Hannah
withdrew $7,500. The total profit of the law firm for the given year was $17,500.

What was the total partner's equity at the end of the accounting period?
A. $50,000
B. $105,000
C. $55,000
D. $100,000
E. $5,000

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 10:00
You are president of a large corporation. at a typical monthly meeting, each of your vice presidents gives standard area reports. in the past, these reports have been good, and the vps seem satisfied about their work. based on situational approach to leadership, which leadership style should you exhibit at the next meeting?
Answers: 2
question
Business, 22.06.2019 12:40
Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false
Answers: 3
question
Business, 22.06.2019 13:40
After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases.b. the marginal cost of going to ft. lauderdale decreases.c. the marginal benefit of going to cancun increases.d. the marginal benefit of going to ft. lauderdale decreases.
Answers: 2
question
Business, 22.06.2019 17:00
Jillian wants to plan her finances because she wants to create and maintain her tax and credit history. she also wants to chart out all of her financial transactions for the past federal fiscal year. what duration should jillian consider to calculate her finances? from (march or january )to (december or april)?
Answers: 1
You know the right answer?
WILL MARK BRAINLIEST! Hannah and John made capital contributions of $50,000 each to their law firm....
Questions
question
Mathematics, 10.02.2021 20:40
question
Mathematics, 10.02.2021 20:40
question
Social Studies, 10.02.2021 20:40
question
Mathematics, 10.02.2021 20:40
Questions on the website: 13722363