Everything?? Idk what’s the answer plz help
<span>Trial balance, Ofcourse !</span>
When managing real estate transactions, real estate licensees can protect themselves by documenting and disclosing pertinent information.
Record and reveal important facts. Hint: Doing everything in their power to protect themselves is the only option for professionals who seek to advance and thrive in their chosen vocation. Documenting the disclosure of material facts, or information that could have an impact on the property's worth or desirability, is one way to accomplish this. The Borrower is not aware of any significant information that has not been provided to the Agent but that, in the event that it had been, could have reasonably been expected to have influenced a person's decision to make lending facilities of the kind contemplated by this Agreement.
Learn more about disclosing pertinent information here.
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Answer:
Specializes in bringing buyers and sellers together.
Explanation:
A broker can be defined as an individual or a firm that acts as a middleman between the buyers and the sellers. A broker is a licensed agent that is permitted to purchase or sell stocks and other investments.
A broker carries out the role of a trusted intermediary in various financial transactions. Brokers receive their commissions through a percentage gotten from the purchase or sale of an asset or stock.
Answer:
The correct journal entry to record the payment on July 12 is:
Debit Accounts Payable $1,700
Credit Merchandise $34
Credit Cash $1,666
Explanation:
Credit terms of 2/10, n/30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.
On July 5:
Debit Merchandise $2,000
Credit Accounts payable $2,000
On July 7:
Debit Accounts payable $300
Credit Merchandise $300
On July 12, the company pays and takes the appropriate discount:
2% x ($2,000 - $300) = $34
The company uses a perpetual inventory system, and records purchases using the gross method.
The journal entry to record the payment:
Debit Accounts Payable $1,700
Credit Merchandise $34
Credit Cash $1,666
