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:
(y - 4)(y + 4)
Step-by-step explanation:
y² - 16 ← is a difference of squares
Since y² and 16 are both squares separated by a difference , that is minus
A difference of squares factors as
y² - 16
= y² - 4²
= (y - 4)(y + 4)
Given :
Devin is buying 2 concert tickets. The concert tickets have a regular price of $40 each.
Devin has a coupon that gives a 5% discount off of the regular price of the tickets. He will then pay a 10% purchasing fee on the discounted price of the tickets.
To Find :
Devin's total cost of the two tickets after the discount and the fee.
Solution :
Discount on price, D = 40×0.05 = $2 .
Price of product after discount, P = $( 40 - 2 ) = $38 .
Now, total price after adding purchasing fee is :
T = P + (P×0.10)
T = 38 + (38×0.10)
T = 38 + 3.8
T = $41.8
Therefore, Devin's total cost of the two tickets after the discount and the fee is $41.8 .
Hence, this is the required solution.
Answer:
x=4
Step-by-step explanation:
