Adam,Bill and Charlie Are Partners

question 52

Multiple Choice

Adam,Bill and Charlie are partners.The profit and rule sharing rule between them is 2:6:2,with Bill getting the most and Adam getting the least.The partnership incurs a net loss of $76,000.While closing the Income summary:

• A)Adam,capital will be credited for $45,600.
• B)Income summary will be debited for $76,000.
• C)Charlie,capital will be credited for $45,600.
• D)Adam,capital will be debited for $15,200.

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Definitions:

Resistance Change

Opposition to alterations in the status quo or modifications in processes, practices, or policies.

Direct Costs

Expenses that can be directly tied to the production of specific goods or services, such as materials and labor costs.

Psychological Cost

Psychological cost encompasses the mental and emotional strain or stress that individuals might incur as a result of their work environment or job demands.

Employee Perceptions

Employee perceptions represent how employees view or interpret actions, policies, and the overall environment within their workplace, which can significantly impact morale and productivity.