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kondaur [170]
3 years ago
11

Some taxing bodies recognize that local assessments can lead to unfairly high or low values for properties in certain areas. the

refore the jurisdiction may establish _________ to level out the unevenness of valuations.
Business
1 answer:
barxatty [35]3 years ago
4 0
Some taxing bodies recognize that local assessments can lead to unfairly high or low values for properties in certain areas. Therefore, the jurisdiction may establish equalization factors to level out the unevenness of valuations. If assessed values of properties in one county are steadily ten percent below the average for other counties, an equalization board may multiply each assessed value in that county by a factor of 110% to increase them to the normal level for the state. An equalization factor is a aspect by instance the evaluated worth of a property is increased to reach at a worth for the property that is in track with statewide tax assessments. The ad valorem tax would be established on this accustomed significance. 
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On december 31, 2015, wintergreen, inc., issued $150,000 of 7 percent, 10-year bonds at a price of 93.25. complete the necessary
RideAnS [48]

<u>Journal entry for the issuance of Bonds:</u>

It is given that on December 31, 2015, wintergreen, inc., issued $150,000 of 7 percent, 10-year bonds at a price of 93.25. That means the proceeds from issue of these bonds are 150,000*93.25/100 = $139,875 and the discount on issue of bonds shall be = 150,000-139875 = $10,125.

The Journal entry for the issuance of Bonds shall be as follows:

December 31, 2015

<u>Account Titles </u>    <u>Debit</u>   <u>Credit</u>

Cash             $139,875

Discount on Bonds Payable  $10,125

Bonds Payable              $150,000

(Being bonds issued on discount)


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3 years ago
What is 5 similarities in market economic and command?
just olya [345]

Answer:

Similarities between Free Market Economy and Command Economy

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When installing a motor control system, list four major factors to consider concerning the power system.
beks73 [17]

Answer:

power source, motor type , motor connection, and environment and controller

Explanation:

when we install motor control system

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