2 partners kim-cash 5800.00 Merchandise inventory 11,000 equipment 36,000 accounts payable 7,800
Dalia-cash16,000 furniture 11,000
2007-12-07 06:39:00 · 3 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
current assets $32800, fixed assets 47000, total assets=$79800
current liabilities $7800 +retained earnings(owner equity) $72000. total liabilities &owners equity =$79800.
distribution of capital stocks per partnership agreement.
2007-12-07 07:17:19 · answer #1 · answered by YABOM 1 · 0⤊ 0⤋
Kim Dalia Partnership
Assets
Cash 5,800 16,000 21,800
Merch Inven 11,000 11,000
Equipment 36,000 36,000
Furniture 11,000 11,000
Total Assets 52,800 27,000 79,800
Liabilities
Accounts Pay 7,800 7,800
Net Assets 45,000 27,000 72,000
2007-12-07 17:22:07 · answer #2 · answered by wija99 2 · 0⤊ 0⤋
take your homework to the homework section and you will get better answers!!!!
2007-12-11 08:13:27 · answer #3 · answered by mister ed 7 · 0⤊ 0⤋