Question and answer
stan otis operates a store that sells computer software. otis has agreed to enter into a partnership with reginald pittman, effective january 1,2013. the new firm will be called contempary computing.
otis is to transfer all aseets and liabilities of his firm to the partnership at the values agreed on. pittman will invest cash that is equal to 80 percent of otis's investment after revaluation. the accounts shown on otis's books and the agreed- on value of assets and liabilities are shown below. ...
What is your question? The question isn't stated here, please clarify and ask again and we'll be happy to assist you!
Get an answer
Original conversation
User: stan otis operates a store that sells computer software. otis has agreed to enter into a partnership with reginald pittman, effective january 1,2013. the new firm will be called contempary computing. otis is to transfer all aseets and liabilities of his firm to the partnership at the values agreed on. pittman will invest cash that is equal to 80 percent of otis's investment after revaluation. the accounts shown on otis's books and the agreed- on value of assets and liabilities are shown below. ...

Weegy: What is your question? The question isn't stated here, please clarify and ask again and we'll be happy to assist you!
drsyed19|Points 430|

User: prepare the general journal entries to record the following transactions in the books of the partnership on January 1, 2013. a) receipt of otis's investment of assets and liabilities, b) receipt of pittman's investment of cash.

Weegy: b) receipt of pittman's investment of cash.
Expert answered|cham718|Points 607|

Question
Asked 8/30/2012 4:30:07 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
19,677,085 questions answered
Popular Conversations
y = –x + 2 for x = {–3, –1, 1, 2, 3}
Weegy: Here are some characteristics of grace and forgiveness: patience, kindness, mercy, unconditional love, empathy, ...
2/25/2015 8:56:53 AM| 4 Answers
Which verb form correctly completes the sentence? The traveling ...
Weegy: The traveling circus CAME to town last weekend.
2/25/2015 12:09:44 PM| 4 Answers
Find the midpoint of the line segment whose endpoints are (7, 5) and ...
Weegy: The midpoint of the line segment whose endpoints are (7, 5) and (7, 11) is (7, 8) User: Find the midpoint ...
2/25/2015 1:05:29 PM| 4 Answers
Evaluate the following expression. 2^-3 User: Simplify (x^4y)^3
Weegy: (x^4y)^3 is equal to x^12y^3. User: Find the product. y^4 · y^3 User: What is the square root of 48 in ...
2/25/2015 10:25:02 AM| 3 Answers
The phase change that is the reverse of sublimation is A. ...
Weegy: Boyle's law states that the volume of a gas is inversely proportional to its pressure if the temperature and the ...
2/26/2015 2:21:23 AM| 3 Answers
The People's Republic of China was proclaimed by on October 1, 1949. ...
Weegy: 1949. The exact date is October 1, 1949.
2/25/2015 12:54:19 AM| 2 Answers
What is a centrally planned economy User: What is meant by the ...
Weegy: In economics, the invisible hand of the market is a metaphor conceived by Adam Smith to describe the ...
2/25/2015 7:07:23 AM| 2 Answers
Solve this inequality: 3p – 6 > 21. A. p > 9 B. p > –5 C. p > ...
Weegy: 38 38 - 10 x > 28 User: Solve this problem: –282 – (+1,017) = ? A. –1,299 B. –735 C. 1,299 D. 735 ...
2/25/2015 7:02:10 AM| 2 Answers
A diameter that is perpendicular to a chord bisects the ...
Weegy: True. User: Radii of congruent circles are equal. True False Weegy: Congruence circles in geometry are any ...
2/25/2015 7:53:30 AM| 2 Answers
Weegy Stuff
S
L
P
L
P
P
Points 1024 [Total 7799]| Ratings 0| Comments 1024| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
P
P
Points 1016 [Total 16798]| Ratings 0| Comments 1016| Invitations 0|Offline
S
P
C
L
P
L
1
Points 593 [Total 7273]| Ratings 4| Comments 553| Invitations 0|Online
S
Points 572 [Total 911]| Ratings 5| Comments 522| Invitations 0|Offline
S
1
L
L
Points 395 [Total 7461]| Ratings 1| Comments 385| Invitations 0|Offline
S
Points 189 [Total 334]| Ratings 1| Comments 179| Invitations 0|Offline
S
Points 149 [Total 169]| Ratings 0| Comments 149| Invitations 0|Offline
S
Points 85 [Total 85]| Ratings 0| Comments 85| Invitations 0|Offline
S
Points 47 [Total 47]| Ratings 0| Comments 37| Invitations 1|Offline
S
Points 30 [Total 30]| Ratings 0| Comments 0| Invitations 3|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.