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After a storm in Florida your building consisting of 4 housing units has suffered severe damage to the structure, rendering 1 / 4 housing units

After a storm in Florida your building consisting of

4

housing units has suffered severe damage to the structure, rendering

1 / 4

housing units unsafe and unlivable until further fixes.

1 .

present a balance sheet showing how these losses would be recorded

2 .

present any laws regarding the realization of losses in property and land

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