Jones and James' partnership capital balances are $65,000 and $85,000, respectively. They share profits and losses in a 1:3 ratio for Jones and James, respectively. Johnson is admitted to the partnership and invests $55,000 for a one-fourth interest, with a bonus to the old partners. Prepare the journal entry to admit Johnson to the partnership.

_____ of ethics emphasize the results of behavior.

A) Consequential theories
B) Rule-based theories
C) Character theories
D) Fact-based theories

A small business may use a web portal as a means of forming a supply chain that can respond to its needs.

What kind of knowledge is acquired by an employee who repeatedly practices repairing copy machines?

The statement of cash flows provides information about all of the following except:

A) organizing activities.
B) investing activities.
C) operating activities.
D) financing activities.

To distinguish the total on a financial statement, use single underline.