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Ann [662]
3 years ago
10

Which statement describes an advantage of buying a home?

Business
2 answers:
irina [24]3 years ago
5 0
A. purchasing a home does build equity

- homes usually don’t depreciate over time.
- when buying a home you don’t have a landlord.
- property taxes may go up, but that’s not an advantage.

Vedmedyk [2.9K]3 years ago
4 0

your taxes increase

Explanation:

mark me brainliest pl

hope you like this

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Answer:

c. Debit to Fair value adjustment for $30,000

Explanation:

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As the bond price is amortized earlier by 5,000 then its net realizable value was $195,000 ( $200,000 - $5,000 ). on December 31, year 3 the fair value adjusted to $225,000. so the adjusted value will be $30,000 ( $225,000 - $195,000 ). The journal entry is as follow  

                                                                    Dr.               Cr.

Dec 31, year 3

Fair value adjustment account              30000

Unrealized gain on available for sale securities        30000

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