FUND.ACCT.PRIN.(LL)-W/ACCESS >CUSTOM<
FUND.ACCT.PRIN.(LL)-W/ACCESS >CUSTOM<
25th Edition
ISBN: 9781265661212
Author: Wild
Publisher: MCG CUSTOM
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Chapter 12, Problem 11E
To determine

To prepare:

The journal entry to record admission of new partner Adison investing $120,000

To determine

To prepare:

The journal entry to record admission of new partner Adison investing $80,000

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Train Company makes widgets, and each widget requires 4 pounds of material at 55 per pound. 600 and 800 widgets will be built in March and April, respectively. The train keeps material on hand at 25% of the next month's production needs. How much do the total materials cost for March? a. $3,250. b. $7,25. c. $4,000. d. 650. e. None of these.
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