2 Semester Cengage Now, Warren Accounting
2 Semester Cengage Now, Warren Accounting
26th Edition
ISBN: 9781305662308
Author: WARREN
Publisher: Cengage
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Chapter 12, Problem 12.8EX

a.

To determine

Partnership

It is that form of organization which is owned and managed by two or more persons who invest and share the profits and losses according to a pre-determined ratio.

 The division of income among the three members.

b.

To determine

To provide: The journal entries to close the net income and withdrawals.

c.

To determine

To prepare: A statement of members’ equity for 2016.

d.

To determine

To explain: The advantages of having an income sharing agreement for the members of LLC.

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Explain how this theory can help individuals in at least two fields (business, medical, education, etc.) better work in intercultural settings. Define the theory based on credible sources. Discuss the development of the theory: how it originated and came to its current status. Evaluate your scholarly sources, providing a brief comment on the theoretical aspects of each.  Discuss the link(s) between your chosen theory and career field. Discuss the implications of your case on individuals, society, and the public. How does an increased intercultural understanding affect these different groups?  In 8-10 pages in length. The paper should include support for the topic, your analyses and position(s) by citing course readings, and include at least five credible sources that you chose for your annotated bibliography. A credible source is defined as: a scholarly or peer-reviewed journal article
which one is correct option?

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2 Semester Cengage Now, Warren Accounting

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