Which of the following is NOT an appurtenance that passes with the transfer of real property?
A. Chattels
B. Fixtures.
C. Property improvements
D. Water Rights
Answer: A. Chattels
Business
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On January 1, 2015, Hernandez Corporation issued $2,000,000, 8%, 10-year bonds at 98. The journal entry to record the issuance will show a
A. debit to Cash of $2,000,000 B. credit to Bonds Payable for $2,040,000 C. credit to Discount on Bonds Payable for $40,000 D. debit to Cash for $1,960,000
Business
Most firms begin the strategic planning process by developing detailed marketing and departmental plans that support a company-wide plan
Indicate whether the statement is true or false
Business