Getting a job helps you improve both you learn new skills and improve any ones you already have
False. indirect is not direct .
Answer:
The contract is voidable.
Explanation:
The survey discovered a misrepresentation in the consideration (the size of the land), so that means that Maurice can choose to void it or not. A voidable contract is a contract that can be voided. In this case, the injured party is only Maurice, so only he can void it, or choose not to. They might negotiate a discount or something, it is up to him.
Answer:
$7,999.54
Explanation:
The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.
These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.
To correctly adjust the book balance, items recognized in the bank statement that are yet to be recorded in the books are done.
The adjusted balance
= $5,559.10 + $499.88 + $1,256.45 + $750.99 - $66.88
= $7,999.54
Answer:
Increase Net Cash from operations
Explanation:
Note that the purchase of another depreciable asset means that annual depreciation expense would increase( increase on the old asset which is $1,469,867 plus the depreciation on newly acquired asset), hence, assuming that net income remains the same as last year(the meaning of all other items remaining equal), when the amount of increased depreciation is added back to the net income in the cash flow statement, the amount of net cash flow from operations would increase compared to last year.
In essence, the correct option in this case is that there would be an increase in net cash from operations not just an increase in amount of asset in the balance sheet
