If J & M have an equal partnership and share profit and loss in the agreed ration of 50/50, the entry to record a net income distribution of $100,000.00 would be a credit to J & M capital for $50,000 and a debit to:

A rule to determine what proportion of each loan payment is principal and interest is

A) the law of 72. B) the N-ratio method. C) the rule of 78. D) the principal-interest mix. E) the add-on method.

Information is considered inefficient if ________

A) it is highly accurate B) it is made available ahead of time C) it is sufficient D) it is out of context