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3 years ago

The person who acquires real property under the terms of a will is known as a ___________.

Business

1 answer:

Andreas93 [3]3 years ago

5 0

Answer:

Devisee

Explanation:

A devisee is a person who receives the real property i.e land and building, machinery, etc. by going through the term and conditions of the will.

It can be any person whether he or she is a family member, relatives, friends, etc who acquired the property based on the will's terms and conditions. He or she has the full right to acquired that property as he or she name is mentioned in the will.

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Stahl Consulting started the year with total assets of $20,000 and total liabilities of $5,000. During the year, the business re

Svet_ta [14]

Answer:

Stockholders' equity changed by $9,000 from the beginning of the year to the end of the year.

Explanation:

Stockholders Equity at beginning of the year = Total Asset - Total Liabilities

Stockholders Equity at beginning of the year = $20,000 - $5,000

Stockholders Equity at beginning of the year = $15,000

Stockholders Equity at Ending of the year = Stockholders Equity at beginning of the year + Revenue for the year - Expenses for the year + New stock issuance

Stockholders Equity at Ending of the year = $15,000 + $16,000 - $10,000 + $3,000

Stockholders Equity at Ending of the year = $24,000

Change in Equity = $24,000 - $15,000 = $9,000

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3 years ago

Asking good questions promotes critical thinking. explain how asking good questions promote critical thinking

Sergio039 [100]

Asking good questions promote critical thinking because if a person was able to be provided with sensible and good questions, his or her critical thinking will be of help and will be of benefit to the person, making it to be promoted as the question is sensible and the use of his or her critical thinking has become something that he or she will made use of and will be something worth it.

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3 years ago

Bank reconciliation information for Kaden Co. for May 31 is as follows: (a) The bank statement balance is $2,936. (b) The cash a

g100num [7]

Answer:

bank service expense 50 debit

supplies 18 debit

cash 68 credit

--to record bank reconciliation--

Explanation:

We have to adjust the cash balance for the transactions unknow for the company which are the bank service charge of $50 and the mistake in the accounting for $18

we actually spend 97 but recorded 79 thus, we increase supplies by 18

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3 years ago

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hichkok12 [17]

How am i supposed to answer the question with no choices to choose from

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mariarad [96]

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3 years ago