You have been asked to prepare a valuation of a residential property. The subject property is a house that is 1,200 square feet and is NOT located in a gated community. Below are four comparables that you have identified that fit the subject property.

A 1,500 square foot house was sold one year ago for $300,000. It is located in a gated community.
A 1,500 square foot house was recently sold for $285,000 and is located in a gated community.
A 1,200 square foot house was sold one year ago for $270,000 and is located in a gated community.
A 1,500 square foot house was recently sold for $280,000 and is NOT located in a gated community.
An adjustment for location (-$5,000) was made. Which two comparables contributed to the adjustment?

Group of answer choices

Comparables 2 and 3

Comparables 3 and 4

Comparables 2 and 4

Comparables 1 and 2

Comparables 1 and 4

Comparables 1 and 3

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)

Mcdonald's fast-food restaurants have a well-designed training program for all new employees. each new employee is supposed to learn how to perform standardized tasks required to maintain mcdonald's service quality. due to labor shortages in some areas, new employees begin work as soon as they are hired and do not receive any off-the-job training. this nonconformity to standards creates

The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?