This type of financing is called a mortgage loan. This is widely used in real estate business. The buyer acquires the real estate property, say a house. Without paying the full price of the house, you can apply for a loan, usually with banks. In return, you are going to allocate monthly payments to pay off the principal amount that you borrowed plus the interest of your loan until all debt pays off. Until the debt is not yet cleared, your property is declared as collateral.
Statement/questions that serves as illustration as regards communication with candor is : B: I’m finding it hard to get our work done with all of these stacks of paper on the table.”
- Whenever a candor is been exerted when one is engaging in a communication, then doing this will encourage other people to exert candor too.
- A candid information helps in getting and giving the needed information as regards the team performance as well as professional growth.
Therefore, option B is correct.
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The answer for this question is: C. <span>Payment of interest and expenses
In reporting cash flow, an indirect method will use accrual method to present cash from the operation on the cash flow statement
Which means that the rate of interest and expense will be added together over period of time.</span>
Answer:
The correct answer is
B) Items that require adjusting entries.
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Explanation:
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