Answer:
The debit and credits for the tax proration will be as follows:
Debit seller for $483.29; and Credit buyer for $483.29.
Step-by-step explanation:
The assignment of how much is owed to the responsible party is the major reason of a proration.
For the days owned by the seller, the buyer needs money from the seller since the buyer will pay the taxes at end of the year.
Amount per day = Annual tax bill / 365 = $2800 / 365 = $7.67
Total number of days from January 1 to a day before March 5 = Number of days in January + Number of days in February + Number of days from March 1 to March 4 = 31 + 28 + 4 = 63
Amount the seller owes for the time he owned = Amount per day * Total number of days from January 1 to a day before March 5 = $7.67 * 63 = $483.29
Therefore, the debit and credits for the tax proration will be as follows:
Debit seller for $483.29; and Credit buyer for $483.29.
Answer:
Yes
Step-by-step explanation:
If you add 87.84, 85, and 100 you get 272.84. Once you divide that by 3 you get 90.946, which would be your test average if you score 100 on your next test.
Answer:
ofc ill help! x=-35
Step-by-step explanation:
Answer:
Step-by-step explanation:
probability ∈[0,1]
or probability ≥0
and ≤1
so a,b,g cannot be the probability of an event.
6,050 before 6010 then 5080 after 5060 or basically any numbers that are greater than the one to the left of it :))
