Answer: Accrual accounting
Explanation: Under the accrual method of accounting, the entity records the revenues and expenses in the period of their occurrence, regardless when the cash is exchanged.
In the given case, Porite is recognizing revenues in the same period for the account receivable of asset from which that revenue is generated. Hence, the receiving of revenue is not taken into consideration.
Hence, from the above we can conclude that the practice of Porite is an example of accrual accounting.
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The rate of increase for these automobiles between the two time periods is <span>75 percent.
Below is the solution:
</span><span>($28,000 – $16,000) / $16,000 = .75 (75 percent)</span>
<span>Benjamin Addai determined the following tax information: gross salary, $41,000; interest earned, $80; deductible IRA contribution, $1,075; personal exemption, $3,950; and itemized deductions, $6,200. Calculate Benjamin’s taxable income and tax liability filing single.</span>
The Board of Governors, the Federal<span> Open Market Committee, and 12 regional </span>reserve<span> banks.</span>
Answer:
(D) estoppel.
Explanation:
According to my research on Real Estate documentation, I can say that based on the information provided within the question the doctrine that may prevent the grantor from succeeding in reclaiming the property is called an estoppel. This is a legal document that prevents someone from arguing something against a previously made claim or act performed by that person previously.
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