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iren [92.7K]
3 years ago
12

Maya, who lives in California, just purchased her first home at a Trustee’s foreclosure sale. She was given a deed at the sale.

What type of deed was she given?
Business
1 answer:
nevsk [136]3 years ago
7 0

Answer:  Trustee's Deed

                             

Explanation: A trust deed in immovable property in the Americas refers to a legal instrument used to develop a significant stake in the immovable property under which legal title in capital assets is diverted to a trustee holding that as security for such a loan between a creditor and perhaps a lender.

From the perspective of the investor, a document of trust has a vital benefit as compared to a mortgage. If a borrower fails to pay on the loan, on part of the lender, the trustee has the right to repossess the land. Thus, from the above we can conclude that Maya would have been given a trustee's deed.

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The new price level after the increase in the money supply is 3.3. Therefore, the percentage increase in the money supply is 10%. The percentage change in the price level is 10%. Percentage change in the money supply is the same as the percentage change in the price level.
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3 years ago
Patrick has an adjusted gross income of $120,000 in the current year. He donated $50,000 in cash to a public charity; capital ga
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Answer:

$8,000 bc (AGIx30%)- contributions

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Accounts Receivable Analysis A company reports the following: Sales $1,500,000 Average accounts receivable (net) 100,000 Determi
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Answer:

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Explanation:

A) FORMULA FOR ACCOUNT RECEIVABLES TURNOVER =

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= $1500,000  /   $100,000

= 15

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8 0
3 years ago
On May 1, 2021, Meta Computer, Inc., enters into a contract to sell 5,500 units of Comfort Office Keyboard to one of its clients
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Answer:

A. 2

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Dr Cash $94,600

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Cr Deferred Revenue $94,600

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May 1, 2021

Dr Cash $94,600

Cr Deferred revenue $89,870

($94,600-$4,730)

Cr Deferred revenue-coupons $4,730

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C. Preparation of the journal entry that Meta would record on May 1, 2021

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8 0
3 years ago
obinson Company had a net deferred tax liability of $34,000 at the beginning of the year, representing a net taxable temporary d
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Answer:

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Now put these values to the above formula  

So, the value would equal to

= $6,300 - $13,000

= $6,700

6 0
3 years ago
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