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8_murik_8 [283]
3 years ago
11

Merle has a rural piece of land in the northern part of the state. He is in the process of selling it to a developer. The proper

ty has a pair of one-hundred-year-old trees that mark the entrance to the property. A stream and a bluff mark the end of Merle's property. What method of real estate description would best suit Merle's land?
A. Lot and Block System
B. Metes and Bounds System
C. Rectangular Survey System
D. Both A and C
Business
1 answer:
Marina CMI [18]3 years ago
3 0

Answer: B. Metes and Bounds System

Explanation: The metes and bounds system is an old system of land surveying practiced many centuries ago whereby land boundaries are determined using features such as flowers, trees, river, roads, pole etc. It was a system used before the advent of modern surveying instruments.

•Metes refers to determining boundary by measuring straight run between two points.

•Bounds is the use of features such as rocks, water course, etc to define boundary, this is used for large portion of property such as political boundaries between two towns.

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Partnership records show the following capital balances at the date of Hopkin's withdrawal: M. Hammel, $80,000; D. Hopkins, $210
Anestetic [448]

Answer:

Dr D. Hopkins, Capital 210,000

Cr P. Houghton, Capital 10,000

Cr M. Hammel, Capital 10,000

Cr Cash 230,000

Explanation:

Preparation of the December 31 journal entry for the partnership.

Based on the information given the December 31 journal entry for the partnership will be :

Dr D. Hopkins, Capital 210,000

Cr P. Houghton, Capital 10,000

(100,000-80,000/2)

Cr M. Hammel, Capital 10,000

(100,000-80,000/2)

Cr Cash 230,000

3 0
2 years ago
If a great many data values closer to the left of a data distribution which then tails off to the right the distribution is refe
Vadim26 [7]

If one tail is longer than another, the distribution is skewed. These distributions are sometimes called asymmetric or asymmetrical distributions as they don’t show any kind of symmetry.

A left-skewed distribution has more values on the left of the distribution.

8 0
3 years ago
Stephanie’s company uses a job order cost system. Stephanie just made a $15,000 debit to the Work in Process Inventory account f
serious [3.7K]

Answer:

B. Posting a $15,000 increase in Direct Materials to the job cost sheet for job 1074

Explanation:

According to the given situation, Materials account of the specific work will be debited as costs are allocated to Jobs. Assigning those costs to operate would reduce the balance of inventories.

Therefore from the above explanation the correct answer is b as it has been posted $15,000 which is rising the direct material to the job cost sheet for job 1074.

6 0
2 years ago
Global strategy is an approach to internationalization in which headquarters delegates considerable autonomy to each country man
rjkz [21]

Answer:

False

Explanation:

When a company carries on a global strategy , their headquarters will seek to keep substantial control over foreign subsidiaries in an attempt to maximize efficiency and integration, while reducing redundant work or resource spending.

A multidomestic strategy is the one that delegates considerable autonomy to each country manager.

5 0
3 years ago
1. Which cleaning solvent is used for removing dust, grease oil, paint and others?
NemiM [27]

Ant:

s are drrrr

Export

fw

3 0
2 years ago
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