If a new partner were to purchase 99% of an existing partner's share of a business which account would be debited:

a. Existing Partners Drawing
b. New Partners Drawing
c. Existing Partners Capital
d. New Partners Capital

c

Business

You might also like to view...

If an international business can offer a product that has been widely available in that market, the value of that product to consumers is likely to be much greater than if the international business offers a product that has not been widely available in t

Indicate whether the statement is true or false.

Business

The local grocery store consists of two cashiers. The customers arrive according to a Poisson distribution and the service times are based on a negative exponential distribution

The average customer service time is 5 minutes and the average time between the arrivals of successive customers is 3 minutes. What is the probability that there are no customers in the grocery store?

Business