The broker's professional services are covered under an employment contract, is the answer. The listing serves as the seller's employment contract with the broker.
An action that would the otherwise be taken or not taken would be affected by a material fact, according to a reasonable person. As the seller doesn't have to worry about employment the bank will approve your loan, the Sam Heskel, president of Nadlan Valuation, an appraisal management company in broker, New York, believes that a cash offer is typically more alluring than a finance offer. The buyer's agent is an employee of one the firm.
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Answer:
The journal entry for recording the original sale is shown below:
Explanation:
The journal entry for recording the original sale is as follows:
Accounts receivable A/c................................Dr $735
Sales Tax A/c...................................................Cr $35
Sales A/c............................................................Cr $700
As sales is made on credit so the accounts receivable account will be debited against the Sales account, which is credited. And there is sales tax charged on selling necklaces, which is credited to the sales tax account.
Computation of Sales Tax as:
Sales tax = Selling amount × Tax
where
Selling amount = Number of Necklaces × Price
= 20 × $35
= $700
So,
Sales tax = $700 × 5%
Sales tax = $35
Answer:
if someone steals your debit card, you can’t lose more than $50 if you report the theft within 2 business days after it’s gone.
Explanation:
