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Make a list of these important facts.
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Tyro has the right to drive across ula's land, which is next to tyro's property, to reach an access road. tyro's right is:____.
Easement Appurtenant
What is easement appurtenant ?
A permanent easement that is attached to the land and benefits the owner. A covenant that follows the land is known as an easement appurtenant. The easement annex is transferred together with the title to the actual estate whenever a new owner takes ownership.
To get to an access road, Tyro has the right to drive across Ula's property, which is near to Tyro's property. tyro's right is Easement Appurtenant.
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Answer:
$116,000
Explanation:
Heather’s beginning capital account balance of $85,000
Add basis of the property contributed $6,000
Add Share of partnership income $40,000
Less Partnership distributed ($15,000)
Ending capital account balance $116,000
Answer:
Abbot makes a savings of $74,000 in the current year.
Review full presentation of answers in the attaches
Explanation:
Answer: D) present value of the remaining lease payments.
Explanation:
When recording a capital lease in the balance sheet of the lessee, the amount recorded is the<em> lower amount </em>between the present value of the remaining lease payments or the cost of the leased asset.
As the <em>cost</em> of the leased asset is <em>equal</em> to the <em>initial</em> present value of the payments, the cost will therefore be higher than the current present value of the remaining payments so the appropriate amount to put in the balance sheet will be the current present value of the remaining lease payments.
