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The Executor of the Estate of Kate Tweed Discovered the Following

question 3

Essay

The executor of the Estate of Kate Tweed discovered the following assets (at fair value):
The will of Kate Tweed had the following provisions:
-$195,000 in cash went to Victor Vickery.
-All shares of PepsiCo went to Duchess Doyle.
-The residence went to Louis Tweed.
-All other estate assets were to be liquidated with the resulting cash going to the Sacred Church of Liberty, Missouri.
-Prepare the journal entry to record the property of the estate.


Definitions:

Positive Organizational Behavior

The study and application of positively oriented human resource strengths and psychological capacities that can be measured, developed, and effectively managed for performance improvement in the workplace.

Strengths

Refers to the internal capabilities, resources, and positive attributes of an individual or organization that can be leveraged to achieve goals.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.

Positive Organizational Behavior

The study and application of positively oriented human resource strengths and psychological capacities that can improve workplace performance.

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