Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. delta has bought camma's interest in the alpha ? p

Delta has bought Camma's interest in the Alpha ? Partnership for a $120,000 direct payment...

70.2K

Verified Solution

Question

Accounting

image
Delta has bought Camma's interest in the Alpha ? Partnership for a $120,000 direct payment to Beta, The capital balances before the sale were $74,000 and $86,000, respectively. The entry to record the purchase of interest in partnership is: a. Beta, Capital 120,000 Delta, Capital 120,000 b Beta, Capital Delta, Capital 56,000 38,000 35.000 Beta Capital Cash 86.000 d. Cash Delta, Capit 120,000 120.000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Operations Management
1.2K views

Business Analysis and human resources planning examples with the company or organization not less than 4...

Chemistry
1.2K views

Chemical engineering question A synthesis gas containing 6.4% CO2, 0.2% O2, 40.0% CO and 50.8% H2 (the...

Psychology
1.2K views

Describe the differences between the following 4 terms, and provide an example of each term. Veridical recall,...

Biology
1.2K views

A student was studying the two types of nucleic acid. Based on his observation, a...

Physics
1.2K views

A electromagnetic wave wave going through a medium is given by E Eosin kx wt...

Basic Math
1.2K views

A video game company sends out shipments to its various stores with a mean cargo...

Basic Math
1.2K views

d Equation of graph 3 Graph y 3 cosx Label your increments on the fat...

Basic Math
1.2K views

can be worth more or less (including zero) depending on your answer.Which of the following...

Calculus
1.2K views

y 1 List all steps of differentiation the functions 4 2x 5 4 x 1...

Accounting
1.2K views

deleted

Finance
1.2K views

Minelli Enterprises, tavan vantilatrlerinin imalatnda byk miktarlarda bakr kullanr. Firma, artan bakr fiyatlarnn kazanlar zerindeki...

Finance
1.2K views

You have been tasked with fielding an interactive video communications systems. Your job is to...