Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Characteristics of a will
1) Dispositionary: A will disposes the deceased’s property.
2) Formality: For a will to be valid, it must be written and signed by the deceased and appropriate witnesses. Oral wills area only valid if the testator dies within three months of making the will.
3) Alterations: Alterations to the will e.g. in form of codicils, need to be signed and witnesses appropriately.
4) Posts-humous effect: A will only takes effect after the testator is dead. Thus, it is often said that a will is a device through which the dead can rule the living fro their graves.
5) Capacity: The testator must have the capacity to make a will at the time that he makes the will e.g. he must be of sound mind.
6) Legality: The will must be legal for it to be upheld in law.
Question 1 Describe and differentiate the four (4) different Financial Statements. HINT : use examples of actual companies or transactions to illustrate your answer. Give
petra corporation purchased P4,000 worth of merchandise on account terms 2/10, n?30, FOB shipping point. Prepaid transportation charges of P200 were added to the invoice.
Great Pumpkin Farms just paid a dividend of $3.50 on its stock. The growth rate in dividends is expected to be a constant 5 percent per year indefinitely. Investors need a 16 per
Ordinary Income - One of two classes of income (other being CAPITAL GAINS) taxed under the INTERNAL REVENUE CODE. Factually, ordinary income is taxed at a higher rate than capital
need and important of final account
Q. Discount rate to the estimated NPV of the investment? There is no necessity to round the solution up to the nearest whole percentage. NPV approximate may be made using the e
in recent years Morten Ltd, a company that manufactures and markets a range of pharmaceutical products.
Problem on balance sheet: At the beginning of 20X2, Dahl Ltd. acquired 8% of the outstanding common shares of Tippy Ltd. for $400,000. This amounted to 80,000 shares. At th
A____ is a loss to the business and a gain to the debtor
I am needing homework help on my Principles to Accounting 1, but don''t know how much you guys charge
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd