Answer:
Following are the solution to this question:
Explanation:
By IAS 1 — Annual Report presentation, 3 concepts were all first consideration, its second consistency as well as the third reporting framework related to investment based that can be define as follows:
- Full accrual basis: its IAS 1 allows an organization to compile all financial reports through an accounting standards basis, with exception of working capital details. Even more cash accounting is a method to record profit or expenditure account balances when they are made.
- All financial statements throughout the United States were repayment-based. Any cost will not be reported underneath the accrual system once it is accruing. It implies that recognition is irrelevant whenever a company pays cash to pay an expense.
- Thus the allocation of 2 million to the year that the Pleasant Corp. was created must be listed as just an expense. As well as the remaining payment amount must be listed as expenses once it is paid. Future interventions throughout the current FY should not be published.
- Also, notice the payment incoming to ensure that you will be prepared when due, but just don't join the way of supporting using the cash method. It simply reports an expense of what you are pay if you make a payment when you choose to use the cash method. Consequently, until the next date, you would not modify your reporting, which is also known as journal entries.
Answer:
c) A Special Warranty Deed
Explanation:
First, the multiple options for the question
a)A quitclaim deed
b) A sheriff's deed
c) A special warranty deed
d) A partition deed
Warranty deeds are documents used mostly in the sales of real estate properties either commercial or residential. It is most useful when the transfer or sale of property is done between parties that are not familiar with one another. The two types of warranty deeds are General Warranty Deed and the Special Warranty Deed. The coverage guaranteed is the difference between the two types of warranty deeds.
In using a special warranty deed, the seller who is also the grantor of the warrant, only guarantees against issues, damages and defects that occur during the grantor's physical ownership of the property. This type of warrant does not make assurances or guarantees for defects in title on the proprty and defects that occured before ownership of the property. It is also called grant deed or covenant deed.
General Warranty on the other hand covers all issues, damages and defects on the sold property.
Since, the person only wishes to convey all interests without warrants on liens, encumrances and any other title defect, the deed is the Special Warranty Deed
Answer:
$20,000
Explanation:
First find 2/3 of $12,000. It is $8000.
The price of the car today = $12,000 + $8000= $20,000.
I hope my answer helps you
Answer:
The standard deviation is 0.73 times the value of your investment
Explanation:
Standard deviation is the measure of dispersion from the mean of the group as a whole.
It is a group statistic, so it is necessary to see the project's result as a group result.
Let P be the value of your investment.
If you can invest 100 times in the project then after 1 year you will receive 2P for 60 times and 0.5P for 40 times. The 40% ad 60% information is not conditioned on a sample so the case should be considered a measurement on population.
Mean = =
Variance =
=
Standard Deviation = = = 0.73P
Answer and Explanation:
The computation of the cost of the land and the new building is as follows
For land
= Purchase value + demolition of old building + legal fees - salvage materials
= $315,000 + $22,000 + $5,600 - $10,000
= $332,600
And, for building it is
= Architect fees + construction cost
= $35,400 + $1,401,000
= $1,436,400
Hence, the same is to be considered