The covenant is against encumbrances.
<h3><u>
what is an encumbrance?</u></h3>
A claim made against a piece of property by someone who isn't the owner is called an encumbrance.
- Encumbrance may affect the property's ability to be transferred and limit its free use until the encumbrance is removed.
- Real estate is subject to the most prevalent kinds of encumbrances, such as mortgages, easements, and property tax liens.
The previous property owner failed to disclose to Li Meng that there was an easement across the property.
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of every day scarcity could it be how the desert doesn't really have water so the desert has a scarcity of water scarcity is a basic economic problem that Society faces because the world sometimes runs out of things that we need so certain people have to make loopholes to get to get around them another example is how during the coronavirus we had a scarcity of sanitizer Clorox wipes bleach and toilet paper
Answer: In this particular case where the manager needs to inform about the employees quarterly project management, it would be better to inform them<u><em> face-to-face</em></u>. Since , it'll help the manager to provide a better insight to the project management training.
<u><em>Therefore, the correct option in this case is (a)</em></u>
Answer:
1. Cash $5000 Dr
Common Stock (at par) $5000 Cr
2. Cash $4000 Dr
Loan Payable $4000 Cr
3. Supplies $500 Dr
Account Payables $500 Cr
4. Account Receivables $8000 Dr
Service Revenue $8000 Cr
5. Salaries Expense $3900 Dr
Cash $3900 Cr
6. Prepaid Rent $2400 Dr
Cash $2400 Cr
7. Office Furniture $3500 Dr
Account Payable $3500 Cr
8. Cash $1800 Dr
Unearned Service Revenue $1800 Cr
9. Cash $3000 Dr
Account Receivables $3000 Cr
10. Utilities Expense $1200 Dr
Cash $1200 Cr
11. Dividends $1000 Dr
Cash $1000 Cr
12. Certificate of Deposit Receivable $2000 Dr
Cash $2000 Cr
13. Loan Payable $1600 Dr
Cash $1600 Cr
14. Land $2700 Dr
Cash $2700 Cr
15. Interest Expense $400 Dr
Interest Payable $400 Cr
16. Unearned Service Revenue $1800 Dr
Service Revenue $1800 Cr
17. Supplies Expense $400 Dr
Supplies $400 Cr
18. Salaries Expense $2300 Dr
Salaries Payable $2300 Cr
19. Interest Receivable $150 Dr
Interest Revenue $150 Cr
Explanation:
