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PLEASE ANSWER ALL ASAP!! A business interest that constitutes a large part of an individuals total assets should be presented in a personal statement of
PLEASE ANSWER ALL ASAP!!
A business interest that constitutes a large part of an individuals total assets should be presented in a personal statement of financial condition as 20 Multiple Choice Part 7 30 A single amount equal to the estimated current value of the business A separate list of the individual assets and liabilities at cost Separate line items of both total assets and total abilities at cost Ange amount equal to the proprietorship equity 21 Personal financial statements should report assets and liabilities at Part 8 of 11 Multiple Choice 8 01:08.30 Historical cost Historical cost and, as additional information, at estimated current values at the dete of the financial statements. Estimated current values at the date of the financial statements Estimated current values at the date of the financial statements and, as additional information at historical cost The following information pertains to Keets marketable equity Securtis 22 Part Stack city Manufacturing Inc. Tri Corporation Zee Inc. Fair value at December 11 20 20X2 395,500 $93,000 3.00 5.600 10,300 Cost in 2000 $89,900 3,620 15,000 Kort sold the Zoe stock in Sawary 20X3 for $10.200. In tos personal statement of financial condinion at December 3120x3, what amount should the report for markets in our cute! Munch 0 500.000 $93.500 O 59000 0 593300 Step by Step Solution
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