Friends Partnership has three partners. The balance of each partner' capital is: Alia $48,000; Mariam $50,000 and Fatima $52,000. Alia withdraws from the Partnership. The remaining partners, Mariam and Fatima, agreed to pay cash of $58,000 for Alia from partnership. The partners share income and loss equally. Required How much is the capital balance for the remaining partners Mariam and Fatima after the withdrawal of Alia. Please DO NOT use the "$" and "," signs in you ansewr. For example, if the right answer is Mariam $75,000 and Fatima $85,000, it should be EXACTLY written as: 75000 85000 Mariam ___ Fatima____

Answers

Answer 1

Friends Partnership has three partners. The balance of each partner's capital is: Alia $48,000; Mariam $50,000, and Fatima $52,000. Alia withdraws from the Partnership.

The remaining partners, Mariam and Fatima, agreed to pay cash of $58,000 for Alia from partnership. The partners share income and loss equally.How much is the capital balance for the remaining partners Mariam and Fatima after the withdrawal of Alia?After withdrawing from the Partnership, Alia was paid $58,000 in cash by the remaining partners Mariam and Fatima. The cash balance of Mariam and Fatima before payment was $50,000 + $52,000 = $102,000. As per the partnership agreement, the partners share income and loss equally.Therefore, the total amount of money remaining after Alia's withdrawal and payment is: $102,000 - $58,000 = $44,000.This $44,000 would be divided into two equal portions to determine the capital balances of Mariam and Fatima. Each of them would get $22,000.Thus, the capital balance for the remaining partners Mariam and Fatima after the withdrawal of Alia is: Mariam 50,000 + 22,000 = 72,000 and Fatima 52,000 + 22,000 = 74,000. Therefore, Mariam and Fatima's capital balance after Alia's withdrawal is $72,000 and $74,000, respectively.

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Related Questions

How did the military conflict of the civil war impact the United States

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Answer:

Explanation:

The Civil War had a greater impact on American society and the polity than any other event in the country's history. It was also the most traumatic experience endured by any generation of Americans. At least 620,000 soldiers lost their lives in the war, 2 percent of the American population in 1861

Two major causes of the rise of dictatorships after World War I were

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Ans: The Treaty of Versailles and economic depression. It documented the huge profits that arms factories had made during the war and created the impression that these businesses influenced the decision to go to war.

Explain how the state of New York on the East Coast of the United States and Texas in the south are different

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Answer:

Explanation:

New York, constituent state of the United States of America, one of the 13 original colonies and states. New York is bounded to the west and north by Lake Erie, the Canadian province of Ontario, Lake Ontario, and the Canadian province of Quebec; to the east by the New England states of Vermont, Massachusetts, and Connecticut; to the southeast by the Atlantic Ocean and New Jersey; and to the south by Pennsylvania. The capital is Albany.

New York state is situated on the Eastern coast of the Appalachian Mountains area near the shores of the Atlantic Ocean while Texas is on the southern coast.

What is a coast?

The land near the sea/meeting point of land and the sea or ocean is known as the coast or seashore. One of the largest cities on the East Coast is New York, having a population of 8.6 million.

It is one of the coastal states in the Appalachian Mountains area near the shores of the Atlantic Ocean. whereas texas is placed by the Census Bureau in the southern region. It has a Gulf of Mexico coastline which makes it geographically towards the East Coast while culturally it is closer to the western coast.

Therefore the above statements aptly explain the New York states and Texas.

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What was the name of the trading post in eastern Canada

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Answer:

Fort Maurepas! l learn about it today!

Fort Maurepas is the answer

What is one thing that you found interesting about the end of the reconstruction?

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Answer:

Reconstruction was one of the most pivotal periods in American history. 

I need help on this please!!​

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Answer:

The last one is Legislative

Explanation:

Judicial is the Supreme Court, they rule out whether or not the law that Congress passes doesnt appose the constitution.

Executive is the President and his accomplices. We were always taught he basically "enforces" the laws.

Legislative is House of representatives/congress, and they make the laws.

while enlightenment writers were more interested in innovation, romantic writers were more interested inthe physical uses of freedom of value of self-control.

Answers

The main focus of Romantic writers was the freedom of expression. Unlike Enlightenment writers who prioritized reason and progress, Romantic writers emphasized the individual's emotional and imaginative experiences. The correct option is c.

They sought to break free from the constraints of societal norms and explore the depths of human emotions and the complexities of nature. Romanticism celebrated the individual's creative spirit and sought to convey subjective experiences through literature, poetry, and art.

Romantic writers were less concerned with the physical world and the uses of science as compared to their Enlightenment counterparts. Instead, they delved into the realms of the supernatural, the sublime, and the mystical.

They embraced emotions, intuition, and spontaneity, valuing the expression of one's innermost thoughts and feelings. Through their works, Romantic writers aimed to evoke powerful emotions in their readers and to inspire a sense of awe and wonder in the face of nature and the human spirit.

While Enlightenment writers prioritized innovation and rationality, Romantic writers were more interested in the freedom of expression, celebrating individuality, emotions, and the exploration of the human psyche and the natural world.

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The complete question is:

While Enlightenment writers were more interested in innovation, Romantic writers were more interested in

a.the physical world.

b.the uses of science.

c.the freedom of expression.

d.the value of self-control.

e.the freedom of expression.

Drum Corps International members may only participate until a certain age.
O True
O False​

Answers

Answer:

True

Explanation:

I took the quiz, and this was correct.

How is hamilton's 18th century view of the presidency both similar and different from our perception of the presidency in the 21st century?

(Hint: compare the historical context of the time in which Hamilton lived with our time)

Answers

Alexander Hamilton is one of the founding fathers of the United States of America. His view of the presidency in the 18th century is similar and different from our perception of the presidency in the 21st century.

Let's take a look at the similarities and differences.Hamilton’s 18th-century view of the presidency is similar to our perception of the presidency in the 21st century in that the president is considered the head of the executive branch. Hamilton believed that the president should have extensive powers to carry out his duties effectively.

On the other hand, Hamilton’s view of the presidency differs from our perception in some key ways. In the 18th century, the presidency was not yet a well-established institution, and there was much debate over how the president’s powers should be defined. Hamilton believed that the president should be elected by the people and should serve for life, which is a very different view from the one we hold today.

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Why was Kwame Nkrumah in Ghana a part of the non-alignment movement?

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Answer:

The Kwame Nkrumah in Ghana was a part of the non-alignment movement because it was a promise to stay neutral in the Cold War.

Explanation:

Why was Sherman's "total war" a major change from earlier forms of
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Answers

Answer:

It involved attacks on civilian resources and populations.

Explanation:

It was meant primarily to kill only the officers and leaders of the military, not the common soldiers. People living the South resented the North for their actions during the war.

Under the reign of the young emperor Mutsuhito, japan​

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Answer:

Your answer is the third option :)

Explanation:

Answer:

3

Explanation:

No.

Question 8 (1 point)

What was Grant's main strategy during his Overland Campaign, to help work toward

the defeat of the Confederacy?


He believed that Virginia would switch sides and join the US forces if the capital

was captured


He wanted to keep the Army of Northern Virginia from invading the North again


He kept attacking the Army of North Virginia in an effort to destroy Lee's army


He believed that the capture of Richmond would end the war

Answers

The correct answer is B) He wanted to keep the Army of Northern Virginia from invading the North again.

Grant's main strategy during his Overland Campaign was to help work toward the defeat of the Confederacy in that "he wanted to keep the Army of Northern Virginia from invading the North again."

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Union's Army General Ulysses S. Grant ordered his troops during May and June 1864, to defend their positions. The renowned Army of the Potomac led by General George G. Meade offered great opposition to finally get a strategic advantage despite losing many men in the battles. The troops of General Lee also suffered major losses and damages.

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Answers

The Freedom Rides brought together civil rights activists who rode interstate buses from DC into the segregated South in 1961 to challenge the non-enforcement of the U.S. Supreme Court decisions that ruled that segregated public buses were unconstitutional.

The bus passengers assaulted that day were Freedom Riders, among the first of more than 400 volunteers who traveled throughout the South on regularly scheduled buses for seven months in 1961 to test a 1960 Supreme Court decision that declared segregated facilities for interstate passengers illegal.

How was tension between groups created during the British Raj?

Answers

British raj, period of direct British rule over the Indian subcontinent from 1858 until the independence of India and Pakistan in 1947. The raj succeeded management of the subcontinent by the British East India Company, after general distrust and dissatisfaction with company leadership resulted in a widespread mutiny of sepoy troops in 1857, causing the British to reconsider the structure of governance in India. The British government took possession of the company’s assets and imposed direct rule. The raj was intended to increase Indian participation in governance, but the powerlessness of Indians to determine their own future without the consent of the British led to an increasingly adamant national independence movement.

Please help me it is so important

Answers

Answer:

The Lowell system was designed to be performed by young adult women instead of children or young men.

Explanation:

Which of the following assesses the impact of World War I on the international balance of power?
Select one:
A. Germany emerged from the war stronger than ever, while France and Britain were diminished.
B. World War I weakened France and England while it strengthened the United States.
C. The United States emerged as a world power ready to fulfill its new international role.
D. Britain emerged from World War I with a firm hold on its colonial empire and Europe itself.

Answers

The impact of World War I on the international balance of power can be assessed by considering various factors such as the strength of Germany, the weakening of France and Britain, the emergence of the United States as a world power, and Britain's hold on its colonial empire and Europe.

Option A states that Germany emerged from the war stronger than ever, while France and Britain were diminished.

Option B suggests that World War I weakened France and England while strengthening the United States.

Option C highlights the emergence of the United States as a world power ready to fulfill its new international role.

Option D suggests that Britain emerged from World War I with a firm hold on its colonial empire and Europe itself.

The most accurate assessment of the impact of World War I on the international balance of power is a combination of factors. Germany did experience a period of strength, but it was later challenged.

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“There is no true God but God and Muhammad is the messenger of God”. Muslims recite this phrase as evidence of their faith.

what does this mean and it can be short pls help

Answers

''There is no God but Allah, and Muhammad is his messenger." This is the basic statement of the Islamic faith: anyone who cannot recite this wholeheartedly is not a Muslim.

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President Franklin Roosevelt, Quarantine Speech, 1937 The ideas expressed in the excerpt differed from the prevailing United States approach to foreign policy issues primarily in that Roosevelt was a seeking to promote United States influence throughout Latin America b encouraging new laws that would give the United States international police power c arguing to expand the role of the United States in the world d encouraging the United States to avoid political entanglements in Europe

Answers

The correct answer is D) encouraging the United States to avoid political entanglements in Europe.

President Franklin Roosevelt, Quarantine Speech, 1937 The ideas expressed in the excerpt differed from the prevailing United States approach to foreign policy issues primarily in that Roosevelt was seeking to encourage the United States to avoid political entanglements in Europe.

We are talking about the conflictive and turmoil years previous the beginning of World War II. The situation in Europe was complicated and tensions grew as Adolph Hitler and the Nazi party increased the tome of its foreign policy and aspirations.

On October 5, 1937, United States President Franklin D. Roosevelt delivered the Quarantine Speech in the city of Chicago, Illinois. He had decided to maintain the foreign policy of neutrality before the tensions in Europe.

In the speech, he talked about some lawless nations that did not want to maintain peace in the region. He never mentioned any names but it was obvious he was talking about Germany, Italy, and Japan.

The "I Have a Dream" speech is described as a great moment in American history. What can be inferred from this?
A) Dr. King practiced his speech for weeks before the March on Washington B) Dr. King's speech had a powerful and lasting impact on civil rights in the U.S. C) Dr. King and many more members of the audience were the descendants of slaves .
D) Dr. King's organizational skills helped make The March on Washington possible.

Answers

Answer:

B

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Explanation:

What the first person said I just need a point....

Explain ONE origin of conflict in the post WWI Middle East.

Explain a SECOND origin of conflict in the post WWI Middle East.

Answers

1800s to World War II

From 1920 to 1947, the British Empire had a mandate over Palestine. At that time, Palestine included all of Israel and today's Occupied Territories, of Gaza, West Bank, etc. The increasing number of Jewish people immigrating to the Holy Land increased tensions in the region.

tell me three contries we discussed who had faciasts dictators after WW1 and going into WW11 (sure to inculde names)

Answers

Answer:

Explanation:

===================================================================

ITALY- Benito Mussolini

===================================================================

GERMANY- Adolf Hitler

===================================================================

JAPAN- Hirohito

===================================================================

5. The movement of people from one culture or region to another is called
A. immigration
B. monopoly
C. corporation
D. political

Answers

Answer: a. immigration

Explanation:

a. immigration is the movement of a person from one country/region to another

b. monopoly is the exclusive possession/control of the supply of trade for a certain product/service

c. corporation is a group of people who are legally recognized as a single entity/power and are allowed to act as such

d. political is anything relating to politics, the government, governmental parties, etc.

based on deduction, the answer for this is a. immigration

What is the Cold War and its origins?

Answers

Answer:

The origins of the Cold War can be traced back to the Russian Revolution of 1917, which created a Soviet Russia with a profoundly different economic and ideological state to the capitalist and democratic West.

Explanation:

Answer:

go

Explanation:

you can search it up and it will pop up

What are the effects of force

Answers

Answer:

A force acting on an object causes the object to change its shape or size, to start moving, to stop moving, to accelerate or decelerate. When there's the interaction between two objects they exert a force on each other, these exerted forces are equal in size but opposite in direction.

Under Mexico’s rule of Texas, African Americans had all of the following rights EXCEPT:

Answers

Answer:

C. they could own slaves

Explanation:

Mexico's rule of Texas abolished slavery and therefore African-Americans could not own slaves.

identify the strengths of the union and the industrialized defense on home groundmore experienced military officers larger number of troops

Answers

Answer: Identify the strengths of the Union and the Confederacy. more industrialized. defense on home ground. more experienced military officers. larger number of troops

Explanation:

How did the Nixon presidency impact the presidencies of both Ford and Carter?

Answers

The United States under Ford and Carter

Watergate seriously eroded public confidence in government, and the task of Nixon's successors was to restore that confidence. Faith in Washington was not easily regained, especially when, after just a month in office, Gerald Ford pardoned Nixon for any crimes he may have committed while he was president. Although the pardon was intended to put the Watergate scandal behind the nation, many saw it as politics as usual. Jimmy Carter's ensuing promise never to lie to the American people helped to get him elected, but he did not work well with Congress and lacked the leadership the country needed.

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plzzz helppp
1. Why was the demand for flying affect across the world?

2. Why is there a new search for
air travel?

3. How does demand affect the supply of airplanes across the world?

Answers

Answer:

what is this about exactly?

Explanation:

reasons for neolithic Revolution​

Answers

Answer:

Explanation:

answer is in image

here is the other reason you asked for -

Discovery that certain animals (pigs, goats, sheep, cattle) could be easily managed and kept close to home. Domestication of animals.

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