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Brilliant_brown [7]
3 years ago
15

Emma's property is assessed at $650,000. her property qualified for a $50,000 homestead tax exemption and was appraised at $800,

000. what is the taxable value of emma's property?
Business
1 answer:
Rama09 [41]3 years ago
6 0
Emma's taxable property value should be $600,000 since her taxes will be based on the assessment not the appraisal and also because she gets the $50,000 tax reduction so therefore to reiterate she will be taxed on only the $600,000.
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Date   Account Title                  Debit     Credit

1-Jul    Supplies                           $345

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                  Accounts Receivable            $4,015

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Answer:

$858,500

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= $858,500

5 0
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