Examlex

Solved

Rodriguez,Sate,and Melton Are Dissolving Their Partnership

question 125

Multiple Choice

Rodriguez,Sate,and Melton are dissolving their partnership.Their partnership agreement allocates income and losses equally among the partners.The current period's ending capital account balances are Rodriguez,$32,000; Sate,$28,000; and Melton,$(4,000) .After all the assets are sold and liabilities are paid,but before any contributions are considered to cover any deficiencies,there is $56,000 in cash to be distributed.Melton pays $2,000 to cover the deficiency in her account.The final distribution of cash would be as follows:


Definitions:

Respondent Behavior

A behavioral response that occurs naturally as a reaction to a specific stimulus, without the necessity of learning or prior experience.

Secondary Reinforcement

A form of reinforcement where a stimulus gains its reinforcing power through its association with a primary reinforcer.

Vicarious Reinforcement

Learning that occurs by observing the rewards or punishments that another individual receives, influencing the observer's behavior.

Cognitive Maps

Mental representations of physical locations that help individuals navigate the spatial environment.

Related Questions