Answer:
Broker must obtain the signature of the seller to effect a contract.
Answer:
Correct option is (a)
Explanation:
Adjusting journal entries are passed before financial statements are prepared to so as to confirm if revenue recognition and matching principles are complied with. Adjusting entries are required to be passed if transactions is spread over multiple financial periods. For example, adjusting entry is passed if goods are received this year but payment will be made next year.
Before income statement and balance sheet is prepared, these entries are passed. Thereafter, adjusting trial balance is prepared and finally financial statements are prepared.
Collision insurance cover damage
A. because The United States and other countries import and export goods for the need of there country.
Answer:
$299,280
Explanation:
If the Tolstoys purchased the house they would pay on average $120 per sq ft x 2,900 sq ft = $348,000
If Mr. installs the plumbing and Mrs. Tolstoy decorates the house, they can save 10% (plumbing and installing plumbing fixtures) and 4% (interior decorating) = 14% of the cost
So the Tolstoys can save = $348,000 x 14% = $48,720
the cost of the house = $348,000 - $48,720 = $299,280
