Answer:
$4,240
Explanation:
A listing contract is a contract between the owner of a property and real estate broker. It's a legal document that gives the real estate broker the rights to sell your home.
In this case, since the house was sold by the owners during the listing period, the real estate company is entitled to the 4% on sale agreed upon.
Thus,
Commission entitled = 106,000 × 4%
= 106,000 × 0.04
= $4240
Answer:speculative investment
Explanation:
just took the test.
Answer:
Samantha should choose Financial Accounting
Explanation:
Financial Accounting is the area of accounting that has experienced the most growth in recent years. This is because of the large size and complexity of financial markets, and the increasing importance that they have in the overall economy.
Financial Accounting specializes in the recording and analysis of financial transactions. Financial transactions are those that a firm uses to obtain funds in order to invest in new projects, pay off other obligations, or simply capitalize the firm.
Answer:
B. commercial banks
Explanation:
The commercial banks meets both the criteria of saving as well as taking loan.
After each month, adjust the accounts. Cruella's adjusting entry at the end of February should include a debit to rent expense for $100.
<h3>What is an adjusting entry?</h3>
Adjusting entries refer to a set of journal entries recorded at the end of the accounting period to have updated and accurate balances of all the accounts. The main purpose of adjusting entries is to communicate an accurate picture of the company’s finances. The management can have a proper look into the financial statements knowing that Everything that occurred during the month is reported, even if the financial part of the transaction would have been warranted to have occurred at a later stage.
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