Rules of intestacy-no spouse and no children, Financial Accounting

Assignment Help:

The intestate leaves no spouse and no children

The net estate devolves as follows: to his

Father; or if dead
Mother; or if dead
Brothers and sisters, and any child or children of deceased brothers and sisters, in equal shares; or if none
Half—brothers and half—sisters and any child or children of deceased half—brothers and half—sisters, in equal shares; or if none
Relatives who are in the nearest degree of consanguinity up to and including the sixth degree, in equal shares; or if none
The Consolidated Fund of the Government.

Related Discussions:- Rules of intestacy-no spouse and no children

Intra company adjustments-group accounts, INTRA COMPANY ADJUSTMENTS In pr...

INTRA COMPANY ADJUSTMENTS In preparing the consolidated balance sheet, the following items may require adjustments:. 1 Goodwill 2 Unrealized profit on closing inventory 3

Abatement of legacies-executorship laws and accounts, ABATEMENT OF LEGACIES...

ABATEMENT OF LEGACIES (a) If the assets, after the payment of debts, necessary expenses and specific legacies, are not sufficient to pay all the general legacies in full, the l

Accounting equation, Prove that accounting equation is satisfied in all the...

Prove that accounting equation is satisfied in all the following transactions of Mr.X 1. Commenced business with cash - Rs.80,000 2. Pu

The matching rule is applied ?, The matching rule is applied a. because it ...

The matching rule is applied a. because it is required by the Internal revenue Code b. by expensing certain items immediately and in their entirety c. to help make the bookkeeper's

Effect of discharge-discharge of bankrupt, Effect of discharge An order...

Effect of discharge An order of discharge releases the bankrupt from all disabilities imposed by the bankruptcy (except those which apply for a fixed period after discharge - s

Foreing branches-branches, FOREING BRANCHES The head office my set up a b...

FOREING BRANCHES The head office my set up a branch in a foreign country. IAS 21 requires that the results of that foreign branch to be translated into the local currency for t

Shareholders equity, is it true that deficit is an asset?

is it true that deficit is an asset?

Caselet, prepare your recommendation on Agarwal cast company

prepare your recommendation on Agarwal cast company

Financial management, What can a financial institution often do for a defic...

What can a financial institution often do for a deficit economic unit (DEU)that it would have difficulty doing for itself if the DEU were to deal directly with an SEU?

.which of the following is true, 1.Which of the following is true? A. Land ...

1.Which of the following is true? A. Land is depreciated using the straight line depreciation method B. Land is amortized using the declining balance method C. Land is depleted usi

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages