Answer:
general warranty deed
Explanation:
The answer is a general warranty deed provides the most protection for the buyer; a quitclaim deed provides the least protection for the buyer. A general warranty deed provides the greatest protection of any deed.
Answer:
I eat French Fries and do math in class. My laughter comes when I hear Diamonds.
Explanation:
Answer:
b. credit to Gain on Sale of Investments for $2,400.
Explanation:
May 1, 20Y6
Purchase price of Bond = $100
Number of Bond Purchased = $100,000 / 100 = 1,000 per bond
February 1, 20Y7
Sale Price of Bond = $103 per Bond
Gain on Sale = $103 - $100 = $3 per bond
Number of Bond Sold = $80,000 / 100 = 800 bonds
Gain on sold bonds = 800 bonds x $3 per bond = $2,400
Journal Entry Will be as follows:
Dr. Cr.
Cash (800 x 103) $82,400
Gain on sale $2,400
Investment in Bond $80,000
An automatic stabilizer is, for instance, a cut in the government's expenditure on food stamps for low-income households during an expansion.
Automatic stabilizers are a particular kind of fiscal policy intended to balance out changes in a country's economic activity through their regular functioning without extra, timely authorization by the government or policymakers.
The most well-known transfer programs, include unemployment insurance and welfare, and gradually graded corporate and personal income taxes. The reason they are named automatic stabilizers is that they function to stabilize economic cycles and are automatically initiated without further government intervention.
Automatic stabilizers can also be used to "cool off" a booming economy or fight inflation, but their main purpose is to mitigate negative economic shocks or recessions. By nature, these policies drain more money from the economy through taxes during times of quick economic expansion and higher salaries.
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