Wait ⚠️
This question is from quizlet
Answer: The beneficiary will receive the full-face value of the policy.
Explanation: A life insurance policy is an insurance policy that covers the life of the insurer in the case of an untimely death. There are different types of life assurance policies.
A life paid up at 75 policy is a type of life assurance policy that covers the insurer up to the age of 75 years. if the insurer now dies before attain the age of 75 years, the face value of the policy will be paid to his beneficiary while if he lives above age 75 years, the policy ceases.
Owner could sell a property he or she fixed up.
Residents pay rent to the owner.
Answer:
I would say 2 but given the options (A. 3)
Explanation:
Answer:
equipment value 21,100
depreciation per year under striaght-line method: $2,860
Explanation:
All incurred cost needed to leave the equipment ready for use must be capitalized:
We should incluide
cost 18,300 + 2,800 freight-in cost = 21,100
depreication per year: 2,860
