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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:

Synergy

A positive force that occurs in groups when group members are stimulated to produce new solutions to problems through the process of mutual influence and encouragement within the group.

Cognitive Consonance

An error in key-term, possibly meant "Cognitive Dissonance." NO.

Creativity

The ability to produce original, innovative ideas, solutions, or products through imaginative thinking and problem-solving.

Intuition

The ability to understand or know something immediately, based on feelings rather than facts or evidence.

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