An item of personal property that has been converted to real property. Even though it is attached to a structure, an item may be considered personal property rather than real property if: A. the owner originally intended to remove it after a period of time.
Any movable thing or intangible object of value that is able to being owned through someone and now not identified as actual belongings. personal belongings may be characterized as either tangible or intangible. Examples of exact non-public assets consist of motors, furnishings, boats, and collectibles. stocks, bonds, and financial institution bills fall underneath intangible personal belongings.
Movable assets on land (large livestock, for example) become no longer automatically sold with the land, it become "non-public" to the owner and moved with the proprietor.
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To complete the measurement process, companies need to update balances of assets, liabilities, revenues and expenses for changes created by adjusting entries.
<h3 /><h3>What is adjusting entry?</h3>
An adjusting entry is the entry that is posted after the posting of all the journal entries for a period, all the transactions are posted and then at the end of the period the adjusting entry is recorded.
The adjusting entry balances and effects the balance of the assets, liabilities, revenue and expenditure at the end of the period.
Adjusting entry is also posted when the reversing effect of the journal entry is to be posted and this results in the change of the account balances of assets and liabilities of the company.
The balance sheet and income statement is prepared after the posting of journal and adjusting entries.
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Answer:
increase
Explanation:
it will give you more time to react if there is a problem, if you break it is more likely your car will slide if the weather is bad, so if the following distance is increased you can break and not rear end someone. and if traffic is bad and someone makes a sudden stop you could hit them, so keeping distance between you and the person infront of you is safer
Answer:
change in demand; shift of the demand curve.
Explanation:
We know that income elasticity of demand derives by considering the percentage change in quantity demanded and percentage change in income
In mathematically,
Income elasticity of demand = (percentage change in quantity demanded) ÷ (percentage change in income)
By considering the above information, the change in income preferences is due to change in demand plus it also shift of the demand curve
Answer:
E) Valerie
Explanation:
Going by the information in the above question, Valerie gets the watch
According to the law, the Watch will belong to Valerie and not Billy, and for the reason that one cannot buy something from anyone which doesn't belong to them.
So, the initial transaction that took place with Theona and Andy was null and void as well as any subsequent transaction were also nullified.