Add $53 to the book balance.
The book balance is the company's cash balance according to its accounting records. Your book balance may include transactions that have not yet been cleared or cleared from your bank account. At the end of the accounting period, the company's book inventory is reconciled with the bank balance via monthly account statements.
Posted book balance is the closing balance (posted funds) reported in the daily close (MT940). Depending on your sending bank's policy, this balance may include unbilled items. The Clearing Balance is the "true" interest-bearing balance available calculated on a given date book balance.
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Answer:
D. the buyer must pay the expense.
Explanation:
Whenever a contract is prepared for a sale of any real estate transaction then both the parties are binding towards the contract. As that is signed by both of them which creates a legal right to get the action done from each other.
Here ,in the contract it is clearly mentioned that the buyer is responsible for the title insurance expense.
This clearly provides the right to the seller to validate such right and ask the buyer to pay for the expenses of the insurance.
Thus, the buyer in the given instance must pay the expense of the insurance.
Last question, answer is 24K, before last, answer is 0.
Answer:high unemployment and high deflation.
Explanation: The Great depression was a result of stock crash in 1929 which created a terrible and devastating economical situation in the U.S. economy. Almost 50% banks were failing. There was a high and devastating rate of unemployment which increased up to 25% in the U.S and in other states it went to a 35%rise. Many people were homeless and housing prices plummeted or plunged such that they were 30%lpwer than their original economical prices. International trade went down by 65% and prices fell by 10% per each year ;hence we can see that the state was facing acute deflation and highest level of unemployment.
Answer:
Property rights allow consumers and producers to make free choices .
Explanation:
A free market in an economic system is solely based on the market forces of demand and supply with minimum government intervention.
Property right is the authority of ownership that determines how a property can be put to an efficient use , thereby promoting efficiency.
This is necessary in a free - market system as it allows consumers and producer to make free choices , as the intervention of the government is at the minimal level.