12. A will has the following statement: I leave $20,000 cash from my savings account in the...

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12. A will has the following statement: “I leave $20,000 cash from my savings account in the Central Fidelity Bank to my sister, Angela.” This gift is an example of

a. A residual legacy.

b. A general legacy.

c. A demonstrative legacy.

d. A specific legacy.

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Advanced Accounting

ISBN: 9780073379456

9th Edition

Authors: Joe Ben Hoyle, Timothy S. Doupnik, Thomas F. Schaefer, Oe Ben Hoyle

Question Posted: Jul 23, 2024 07:03 AM

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12. A will has the following statement: I leave $20,000 cash from my savings account in the...

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Advanced Accounting

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