How much is the exclusive property of the wife

Assignment Help Accounting Basics
Reference no: EM132644831

Question - H married in 2004, died in 2016:

Deposit with BDO, earned by H during the marriage P200,000

Land, inherited from his father in 2010 800,000

Jewelry, inherited by wife during marriage 250,000

Family home inherited from his mother before the marriage 2,000,000

Grocery store acquired by H before marriage 3,500,000

Cash brought into marriage by H 150,000

Car brought into marriage by his wife 200,000

Required -

1. How much is the exclusive property of the wife?

2. How much is the gross estate of H?

Reference no: EM132644831

Questions Cloud

Different types of healthcare organizations : Locate five different types of healthcare organizations in Saudi Arabia. Formulate a chart that describes the differences in the facilities.
Discuss on simon professional conduct : Based on the above scenario, discuss on Simon's professional conduct and the impact on his employer and investment industry
Write a brief summary of the AICPA current technologies : You are the accountant for a mid-sized manufacturing company. For your boss, write a brief summary of the AICPA's current 10 technologies
Define what you know about an actual organization : Although you will base your strategic plan on what you know about an actual organization, do not include any identifying information about the organization.
How much is the exclusive property of the wife : H married in 2004, died in 2016: Jewelry, inherited by wife during marriage 250,000. How much is the exclusive property of the wife
Obstacles-develop trust in communicating corporate ethics : Explain how leaders and managers can overcome obstacles and develop trust in communicating corporate ethics.
How are your performances of gender related to social factor : In this course we will address a number of topics related to gender and society. To analyze the impact of gender in society, we will first examine the way.
What is total contribution to the account : Suppose Miss Roxanne Davenport is 25 years old right now and puts away $1,800 per quarter in an account that returns 6% interest.
Federal regulatory code for long-term health care facilities : Select and summarize one element of the federal regulatory code for long-term health care facilities.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd