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hammer [34]
3 years ago
13

If Tarek and Samantha do not write wills and one or both were to pass away, how will the distribution of their assets be decided

Business
1 answer:
forsale [732]3 years ago
4 0

If both Trek and Samantha do not write wills and passed away, their asset will be distributed to the beneficiaries through the court's letter of administration.

Usually, when an estates dies without a will stating its beneficiary, the asset will be administer by a court because no-one is recognized as a beneficiary to the deceased.

In conclusion, If both Trek and Samantha do not write wills and passed away, their asset will be distributed to the beneficiaries through the court's letter of administration.

Read more about this here

<em>brainly.com/question/25694947</em>

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Bonita Realty Management Co. received a check for $32,400 on August 1, which represents a one year advance payment of rent on an
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Answer:

Explanation:

The adjusted journal entry is shown below:

Unearned rent revenue A/c Dr

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(Being the adjusted entry of rent is recorded)

The computation of the rent revenue is shown below:

= Received amount × number of months ÷ (total number of months in a year)

= $32,400 × (5 months ÷ 12 months)

= $13,500

The 5 months is calculated from August 1 to December 31

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3 years ago
On average, 35% of the sales on account are collected in the month of sale, 40% are collected in the month following sale, 10% a
stellarik [79]

Answer:

35% of sales(say $2,000,000) in April

$700,000

Explanation:

Step one :

Assuming that the sales made for April is $2,000,000

According to the conditions in which money is collected 35% of sales made for a month is collected for the month

For april the expected amount

=35/100*2,000,000

=$700,000

4 0
4 years ago
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e-lub [12.9K]
The government and the authority’s
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3 years ago
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True or false: The first decision that is necessary to make merchandise flow is to choose a transportation company.
pantera1 [17]

Answer:

False

Explanation:

What is a transportation company called?

  • Courier companies are usually spin-offs from freight forwarders.
  • There are various types of courier companies, such as airfreight courier companies or road couriers.

To learn more about it, refer

to brainly.com/question/25689052

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