Recording a Gain or a Loss on the Sale of Noncash Assets by a Partnership Hudson and Franklin are in the process of liquidating their partnership. They share profits and losses in a 3:1 ratio. They have sold all of the partnerships noncash assets. The transactions for the sales follow. Instructions In your working papers, record the journal entries for the sale of noncash assets. Use general journal page 120.
Module 3 │ © Prof. Omar Romero‐Hernandez │ Lecture #3 of 8 │ 03/17/2017 o [4] Capital intensity: the mix of equipment and human skills in a process [1.1] Process Structure in Services • Customer contact, which is the extent to which the customer is present and involved during the service process, drives a good process strategy for a service process o There are several dimensions of customer contact such as physical presence and contact intensity that can be characterized as “high contact” or “low contact” (see Table 3) • The customer‐contact matrix brings together three elements: [1] the degree of customer contact, [2] customization, and [3] process characteristics (see Figure 2), and is the starting point for evaluating and improving a process o The x‐axis of the ma
