Chapeter 16 assignment.xlsx - 23 Alice Betty Corl cash...

Info icon This preview shows pages 1–2. Sign up to view the full content.

23 Capital Alice cash $ 10,000 $ 10,000 Betty equipment $ 10,000 FMV $ 10,000 Adjusted basis $ 5,000 Corl acc rec $ 10,000 $ 10,000 24 a Partnership income net income $ 10,000 write off $ (1,000) $ 9,000 b ordinary incomewise they broke even Alice $ (500) income less dep Betty $ - Carol $ 9,500 she has reveiv (need to s
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Image of page 2
This is the end of the preview. Sign up to access the rest of the document.
  • Fall '14
  • fabioambrosio
  • Revenue, Corporation, Generally Accepted Accounting Principles, Betty, Atlantic Coast Conference, FMV Adjusted basis

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern