Meir, Benson, and Lau are partners and share income and loss in a 1:4:5 ratio. The partnership's capital balances are as follows: Meir, $38,000; Benson, $159,000; and Lau, $203,000. Benson decides to withdraw from the partnership, and the partners agree not to have the assets revalued upon Benson's retirement.

Prepare the journal entry to record Benson's withdrawal from the partnership under each of the following independent assumptions. (Do not round intermediate calculations.)

Benson (a) sells her interest to North for $160,000 after Meir and Lau approve the entry of North as a partner; (b) gives her interest to a son-in-law, Schmidt, and thereafter Meir and Lau accept Schmidt as a partner; (c) is paid $159,000 in partnership cash for her equity; (d) is paid $197,000 in partnership cash for her equity; and (e) is paid $12,000 in partnership cash plus equipment recorded on the partnership books at $32,000 less its accumulated depreciation of $11,600.
  a.record the withdrawl of Benson sells her interest to North for $160,000 after Meir and Lau approve the entry of North as a partner.

b. record the withdrawl of Benson on the assumption that she gives her interest to a son in low, Schmidt and thereafter Meir and Lau accept Schmidt as a partner.

c. Record the withdrawl of Benson on the assumption that she is paid $159,000 in partnership cash for her equity.

d. Record the withdrawl of Benson on the assumption that she is paid $197,000 in partnership cash for her equity.e.

e. Record the withdrawl of Benson on the assumption that she is paid $12,000 in partnership cash plus equipment recorded on the partnership books at $32,000 less its accumulated depreciation of $11,600 for her equity.

CH 4- These situations involve a possible violation of the AICPA's Code of Professional Conduct. (1) determine the applicable rule from the Code (2) decide if the Code had been violated (3) explain how the situation violates (or does not violate) the Code.

a. In 2017, Jones and Bachs, both CPAs, decided to form a CPA practice. In 2018, Jones and Bachs approached Bob Dill, a physician and medical expert, and asked him to assist them with their growing medical consulting practice. Dill agreed, but only after he was given an ownership interest in the firm. Dill does not intend to quit his private medical practice.

(1 ) Rule: ________                           (2) Violation? Yes   No

(3) Explanation:

b. Bob Paddy has a successful dentistry practice in Chicago. Bob has recommended one of his patients to Olive Oil, CPA. To show gratitude for the referral, Olive has agreed to pay Bob a token gift of $50. Olive discloses the payment arrangement to her new clients.

Rule: ________                                 Violation? Yes   No

Explanation:

c. The accounting firm of Page & Book, CPAs, is negotiating a fee with a new audit client. They agree the client will pay $50,000 if Page & Book issues a clean, unmodified opinion, $40,000 if a qualified opinion is issued, and only $20,000 if an adverse opinion is issued.

Rule: ________                                 Violation? Yes   No

Explanation:

d. Dilbert Cook, CPA, is a member of the engagement team that performs the audit of Hannaford Corporation. Dilbert's five-year-old daughter, Penelope, received ten shares of Hannaford Corporation's common stock for her sixth birthday. The stock was a gift from Penelope's grammy Grinch.

Rule: ________                                 Violation? Yes   No

Explanation:

e. Ben Look, CPA, is a partner in the CPA firm that audits Bright, Inc., a closely held corporation. Ben's sister-in-law is the chief financial officer at Bright, Inc.

Rule: ________                                 Violation? Yes   No

Explanation:

1. ABC Company decides to use bonds as a method of debt financing. They issue 4% bonds on October 1, 2021 with a face amount of $750,000 and a maturity date of September 30, 2024. The bonds pay interest semiannually March 31 and September 30. The market rate of interest is 4.8% Prepare an amortization table using the effective interest method related to the above.what should ABC record related to these bonds at its fiscal year-end of December 31, 2022?

• Discuss how changes in the Federal Reserve’s monetary policy affect at least 1 of the 4 components of GDP (consumption, investment, government spending, net exports).
• Have the Federal Reserve’s countercyclical monetary policies been effective in moderating business cycle swings? Justify your response.

1. Use information in the balanced chemical formula below to answer the next 4 questions

   C2H6                    +       7   F2             →           2 CF4             +         6 HF

mw = 30.06 amu                           mw = 37.99 amu                           mw = 88.00 amu               mw=20.00 amu         

a) How many moles of C2H6 would be consumed when reacted with 9.24 moles of F2?

b) If you consume 7.50 moles of F2, how many grams of HF are produced?

c) If 10.32 g of HF are generated, what mass of C2H6 was utilized as starting material?

d) What is the number of molecules of F2 required to completely consume 25.0 g of C2H6?

Question:

Strategy and Balanced Scorecard:

1. Describe the 4 perspectives and be able to suggest performance measures for each. What should a Balanced Scorecard achieve regarding strategy?

2. What is Sustainability and a Balanced Scorecard?

1. Explain the concept of marginal rate of technical substitution. What does a MRTS of 4 mean? Is there any difference between production function and Iso-quant? Explain institutively what might cause the marginal product of labor to become negative.

Consider a closed economy with a fixed price:
Consumption function: ? = 1+(3/4)(? − ?)
Investment function: ? = 10
Money demand function: (M/P) = ? − 2?
Tax and government spending: ? = ? = 12
Money supply: ? = 500
Where C is consumption, Y is production, I is investment, ? is real interest rate expressed in percent, ? is tax, ? is government spending, ? is money supply. The price level of this economy is fixed at 10 in the short term and there are many idle production facilities.

(a) Describe the shape of the IS curve (showing the combination of output in product market equilibrium and real interest rates). (Hint: do not derive the IS equation, describe the shape.)
(b) Find the short-term equilibrium income and real interest rate for a closed economy expressed by the above equations.
(c) The economy's policy makers are said to be debating the effectiveness of fiscal and monetary policy to boost the economy. The government considers the income level in (b) to be in a recession and intends to increase fiscal expenditure from 12 to 14 by issuing government bonds. Then, how much the equilibrium income and real interest rate changed from the initial equilibrium income and real interest rate due to the government's expansive fiscal expenditure? Show the results of this economy's expanding fiscal policy as an IS-LM graph. (Put the output on the horizontal axis and the real interest rate on the vertical axis.)
(d) The central bank considers the income level in (b) to be in a recession and wants to increase the money supply from 500 to 520. At this time, answer how much the equilibrium income and real interest rate have changed from the initial equilibrium income and real interest rate due to the central bank's expanding monetary policy. Show the outcome of this economy's expanding monetary policy on an IS-LM graph. (Put the output on the horizontal axis and the real interest rate on the vertical axis.)
(e) If the government sought advice on the effectiveness of fiscal and monetary policy in this economy, please answer which of the two policies would you recommend. And briefly describe the intuitive reason for that.

The City of Aurora issued bonds on Dec 1, 2014 with a 4% coupon from year1through year7, 5% coupon from year 8 through 10, 6% from year 11 through year 13,and a 7% coupon from year 14 through year 15. that will mature on Dec 1, 2029 (15 years

You buy the bond on Dec 1, 2020 (six years after it was issued The YTM for bonds such as the City of Aurora was 6% on Dec 1, 2020 and the stock returns was 10%. You plan to hold the bond until maturity (9 years from now]. Calculate the value (price) of a $1000City of Aurora bond as of Dec

you had to sell this bond 6 years after you purchased the bond when the bond yield similar to your bond was 4% and the stock return was 6% what would be the price you sold your bond at? Remember bond s interest is received semi-annually.

please show me the work or the steps

Thank you.