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The intestate leaves one surviving spouse and children
The surviving spouse is entitled to:a. The personal and household effects of the deceased absolutely;
b. A life interest in the whole residue of the net intestate; if the surviving spouse is widow, this interest ceases upon her re—marriage to any other person. On the death of the surviving spouse (or on her re—marriage if she is a widow), the residue of the net intestate estate is equally divided among the children alive at the moment of death (or re—marriage) of the surviving spouse.
Cumulative and substitutional legacies and devises Where a will makes two gifts of unequal amounts to the same person, they are assumed, in the absence of a contrary indication
1. You have decided to sell some goods at a local music festival. You have hired a sales stand for $500. Your cost per item is $3 and you will sell each item for $5. When you did y
definition of financial accounting concept
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Determine the Various forms of business organizations There are various forms of business organizations: o Business-organization's objective is to earn a profit o Sole Pr
Van Aalst Company's comparative balance sheet and income statement for last year appear below: Comparative Balance Sheet
Beginning balance 24,000 cash Sales 250,000 Gross profit 45% of sales Accounts receivable increase by 24,000 Accounts payable increased by 51,000 Inventory increased by 98,000 Sell
The Soft-Flow Ink Company's income statement for the preceding year is presented below. Except as noted, the costs revenue relationship for the coming year is expected to follow t
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