mrmoses11

Recall that energy cannot be created or destroyed but only changed from one form to another.

If you drove to school in a car powered by gasoline.

A).Where did the energy in the gas came from? Trace the steps in the transformation of this energy as far back as you can.

B). What happens to this energy once it is in the car?

Ozone hole refers to

A)hole in ozone layer

B)decrease in the ozone layer in troposphere

C)decrease in thickness of ozone layer in stratosphere

D)increase in the thickness of ozone layer in troposphere

If gasoline costs $2.50 per gallon, then it will cost about $ _____ per liter:

Quick, Drake, and Sage share income and loss in a 3:2:1 ratio. The partners have decided to liquidate their partnership. On the day of liquidation their balance sheet appears as follows. QUICK, DRAKE, AND SAGEBalance SheetMay 31 Assets Liabilities and Equity Cash $ 90,400 Accounts payable $ 122,750 Inventory 268,600 Quick, Capital 46,500 Drake, Capital 106,250 Sage, Capital 83,500 Total assets $ 359,000 Total liabilities and equity $ 359,000 Required:Prepare journal entries for (a) the sale of inventory, (b) the allocation of its gain or loss, (c) the payment of liabilities at book value, and (d) the distribution of cash in each of the following separate cases. (Do not round intermediate calculations and round your final answers to the nearest dollar amount. Omit the "$" sign in your response.)

Write a narrative essay about a person you consider to be a hero. Share an experience that shows what you admire about that person and what impact he or she had on you.

(Remember that your audience is a person or group deciding whether to accept your formal application.)

Lui, Montavo, and Johnson plan to liquidate their Premium Pool and Spa business. They have always shared profit and losses in a 1:4:5 ratio, and on the day of the liquidation their balance sheet appeared as follows:
 

Required:
1. Under the assumption that the machinery is sold and the cash is distributed to the proper parties on June 30, 2023, complete the schedule provided below. Show the sale, the gain or loss allocation, and the distribution of the cash in each of the following unrelated cases:

a. The machinery is sold for $510,000. (Negative answers should be indicated by a minus sign.)

b. The machinery is sold for $397,000. (Negative answers should be indicated by a minus sign.)

c. The machinery is sold for $202,000, and any partners with resulting deficits can and do pay in the amount of their deficits. (Negative answers should be indicated by a minus sign.)

d. The machinery is sold for $209,000, and the partners have no assets other than those invested in the business. (Negative answers should be indicated by a minus sign.)

2. Prepare the entry to record the final distribution of cash assuming the machinery is sold for $510,000.