Answer:
A second mortgage loan uses real estate for security
The adjustment in the property value should be <u>$17,500 increase</u> so that the property is valued at $367,500.
<h3>Data and Calculations:</h3>
Value of property 10 months ago = $350,000
Increase in property values = 5%
Adjustment in property = $17,500 ($350,000 x 5%)
<h3>What is adjustment in property value?</h3>
This is the change in the value of property as a result of an increase or decrease in the values of comparable properties within the locality.
Thus, the adjustment in the property value should be <u>$17,500 increase</u> so that the property is valued at $367,500.
Learn more about adjustment in property values here: brainly.com/question/15397430 and brainly.com/question/7142333
Since the company is following a periodic inventory system, it has to use temporary accounts to record sales and purchases.
Transaction A
Purchases – Dr 860500
Accounts payable 860500
Transaction B
Accounts payable - Dr $111,600
Purchase returns $111,600
Transaction C
Accounts payable - Dr 748900
Discount received 14,978
Cash 733,922
I would say that the dimension of her global mindset would be sensitivity to people of other cultures and a desire to learn from people of other parts of the world and also show that we all have basic qualities of humanity such as wanting to co-operate and be an active part of a team.