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VladimirAG [237]
3 years ago
14

On what form would you find information regarding itemized closing costs due to other parties, such as tax assessments, recordin

g fees and attorney's fees?
Business
1 answer:
IrinaVladis [17]3 years ago
7 0

Answer:

Closing disclosure form

Explanation:

Closing disclosure form is a form used in mortgage application that provides a final detail about the mortgage loan being applied for. It is received at least three business days before your closing.

It is usually a five page form that contains information relating to the loan terms , projected monthly payment , interest rate , estate tax and the processing fees to arrived at the closing cost

Other costs that can be found in the closing disclosure form are recording fees, attorney's fees and tax assessment

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On January 2, 2018, Baltimore Company purchased 14,000 shares of the stock of Towson Company at $13 per share. Baltimore obtaine
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Answer:

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Explanation:

Ownership = 40%

Investment = $182,000                

Share of dividends = 40%*21,000 =8400

Share of income = 40%*75000 = 30000

Increase in share price = $21-$13= $8

                                                                                 investment

                                                                   Dr                                        Cr

Investment                                     $182,000

Dividend received                                                                              $8400

Income received                              $30,000

Increase in share price                    $112,000

                                                         324,000                                      315,600

                                                   

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Answer:

True

Explanation:

Hope this helps.

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