Define fief
Q: What do the allowable deductions include?
A: Tax: Tax refers to a compulsory payment or a contribution to the state revenue, levied by the…
Q: Differentiate Ordinary Deduction and Special Deduction
A: A deduction can be defined as an expense that can be deducted (as the name suggests) / subtracted…
Q: (Refer to this word problem In order to plan for their retirement, a married couple decides to…
A: Quarterly payment (Q) = P 50000 r = 8% per annum = 2% quarterly = 0.02 n = 10 years = 40 quarters
Q: advantage of offshore trust in terms of taxation?
A: High-net-worth (HNW) clients generally see offshore trust corporations as the pinnacle of competent…
Q: What is a Roth IRA?
A: IRA stands for Individual Retirement Account which is used for saving the funds for the purpose of…
Q: Deduction allowed is a kind of deduction from?
A: An "authorised discount" is a price cut on goods or services that a seller permits a customer to…
Q: What is meant by “right of return”? “Bill and hold”?
A: Financial accounting standards board (FASB): This is the organization which creates, develops, and…
Q: The par value of 10% debenture is $1,000 with maturity is 3 years. What would be the price if…
A: Given, Par (Face) value of debenture = $1000 Coupon rate = 10% Coupon amount = $1000 * 10% = $100…
Q: ership
A: The voting rights associated to shares are voting rights at the company's general meetings, which…
Q: what is a deed how is it different from the title?
A: A deed is a document that represents the right of transfer of ownership or right transfer from one…
Q: Explain how to defer gains using the like-kind exchange rules.
A: A like kind exchange is defined as the tax deferred transaction, which used to allow regarding the…
Q: what are direct and indirect investments in real estate?
A: Investment refers to payment which is made in order to acquire or purchase or hold the real estate…
Q: Supplies Unearned Revenue Supplies Expense Cash Accounts Receivable Accounts Payable Rent Expense…
A: The net income or loss is calculated as the difference between the revenue and expenses. The owners'…
Q: Which are the two General Classifications of Estates?
A: Estate refers property in land and building. Business is real estate involves purchase or…
Q: The measurement principle requires that Oa. accounting principles meet the objectives of the…
A: Accounting principle are the basis on which the whole accounting all over the world is based on.…
Q: Which of the following debts is common property? none of the choices obligations contracted during…
A: Debt is something that one party borrows from another, usually money. Debt is used to make large…
Q: Taxable interest income is active or passive or portfolio ?
A: Active income is an income that is earned by performing a service. Active income includes salaries,…
Q: Why is share in a considered a is perpetuit
A: In finance a perpetuity refers to that financial asset or that financial security that goes on…
Q: What would be the difference between the CMO with and without the accrual class?
A: A collateral mortgage obligation is a financial instrument that is backed up by the mortgage to be…
Q: What are the critearia for determining if a fiduaciary relationship exists?
A: Fiduciary relationship represents the relationship that is between the trustee and beneficiary.
Q: What are royalties ?
A: Royalties means payments made for the purpose of use of property or license or some other important…
Q: Define Property dividend.
A: Definition: Dividends: The dividend is the income of the shareholders for their shareholdings in…
Q: How is the compound interest used to establish economic equivalence?
A: Economic Equivalence means funds occurring at different time period will have different economic…
Q: Explain Taxable REIT Subsidiaries?
A: Taxable REIT subsidiary (TRS): It may be an organization straightforwardly or by implication…
Q: state advantages and disadvantages of debt and common equity
A: Financing activities include raising funds from various sources for business operation and managing…
Q: Describe what a 'debenture' is and the typical nature and features of debentures.
A: What is a debenture? A debenture is a type of debt instrument that is not backed by any collateral…
Q: Explain the blended capitalization rate and where it can be applied?
A: The rate which is a combination of the previous rate and the new rate charged on a loan is called a…
Q: The par value of 10% debenture is $1,000 with maturity is 3 years. What would be the price if…
A: In this problem we need to compute the price of debenture with following details : Par value = $1000…
Q: types of payments that are taxable/not taxable for FUTA?
A: Federal unemployment tax is a tax paid by the employers to the employees who have left the company…
Q: Explain Property Type Swap?
A: Answer: Swap alludes to exchange with another between the parties involved in one monetary…
Q: Define the term " name capitalized " .
A: When the cost or the expenses is recorded in the financial statement such as the balance sheet in…
Q: Define Property Dividends.
A: The dividend is the income of the shareholders for their shareholdings in the company. The equity…
Define fief
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