Rents of $750.00 per month on each unit of a 4-plex are current. For an October 16th closing, the rent proration on the settlement statement would be $1,548.38 Credit Buyer & Debit Seller.
-Seller must pay buyer for the days the buyer owns the property, Oct 16 - 31, 16 days. $750 x 4 /31 = $96.77 per day x 16 = $1548.38
<h3>What does it mean to prorate your rent?</h3>
The amount a landlord charges is referred to as "prorated rent" and is only applied to the days the unit is occupied when a resident occupies it for a short period of time (a month, week, day, etc.). Given that daily rates are frequently more expensive, it is based on monthly rates instead than daily rates.
You must first determine the daily rent in order to figure out how much prorated rent will be. Divide the overall rent payment by the number of days in a month to arrive at this. Then double the acquired daily rent amount by the number of days you will be occupying the property during that month.
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Answer:
E) an ethical dilemma.
Explanation:
An ethical dilemma is a situation where a person must face a decision where both alternatives are really bad choices. No option will provide a positive resolution to the current situation, but the person must decide between one of them.
In this case, if Bob goes to the police, his friend will be arrested but that will generate bad publicity for his business. If Bob decides not to go to the police, Ruth will continue to steal money form him. It's like being between a rock and a hard place, whatever your decision, you are still going to be hurt.
Answer:
B. Group By operator
Explanation:
Hope this helps and have a nice day :)
B is the answer.
Websites, games and presentations can all have music incorporated into them. In each of the other three options there is at least one item that is text based that would not have music incorporated into it.
Answer:
The answer is true
Explanation:
It is true.
All the line items found in cash flow statement are found in the income statement and balance sheet.
For example:
Cash received from customers can be gotten from revenue(income statement) and accounts receivable(balance sheet)
Cash paid to customers can be gotten from purchases (income statement) and inventory (balance sheet)
Cash paid to employees can be found in salary and wages expenses.
Cash received from sale of equipment can be gotten from cost of equipment (balance sheet), gain on sale of equipment (income statement)
