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.
Simply take the numerator (3) and denominator (7) and add them together.
3+7 = 10, which means that the ratio will provide parts that are in multiples of 10 depending on the total
so take 10x = 800
x = 80.
Then multiply this by the numerator and denominator
3*80/7*80 = 240/560.
Answer:
n = 8
Step-by-step explanation:
10=6+n/2
Switch sides
6 + n/2 = 10
Subtract 6 from both sides
6 + n/2 -6 = 10-6
Simplify
n/2 = 4
Multiply both sides by 2
2n/2 = 4 times 2
n = 8
Hope this helps!
H = 7n would be the answer
Apples : 5 3/4 * 2 1/2 = 23/4 * 5/2 = 115/8 = 14 3/8 lbs
flour : 6 3/4 * 2 1/2 = 27/4 * 5/2 = 135/8 = 16 7/8 cups
margarine : 1/8 * 2 1/2 = 1/8 * 5/2 = 5/16 cups
sugar : 3 5/8 * 2 1/2 = 29/8 * 5/2 = 145/16 = 9 1/16 cups
cinnamon : 2 * 2 1/2 = 2/1 * 5/2 = 10/2 = 5 teaspoons
