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schepotkina [342]
3 years ago
7

Kali contracts to sell leony her car for $3,000. this contract will be fullydischarged when kali and leony

Business
1 answer:
Usimov [2.4K]3 years ago
4 0
This deal will be fully discharged when Leony pays Kali the $3000 for the car and Kali hands over her car to Leony so that Kali has the money and Leony has the car which means the transaction has been successfully completed.
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A. We divide 158.000 by 8 to get the amount per year

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B. On the balance sheet at the end of the first year, we would subtract those 19.750 to the gross value of the patent and the value of the patent would be

158.000 - 19.750 = 138.250

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