Answer:
The debit and credits for the tax proration will be as follows:
Debit seller for $483.29; and Credit buyer for $483.29.
Step-by-step explanation:
The assignment of how much is owed to the responsible party is the major reason of a proration.
For the days owned by the seller, the buyer needs money from the seller since the buyer will pay the taxes at end of the year.
Amount per day = Annual tax bill / 365 = $2800 / 365 = $7.67
Total number of days from January 1 to a day before March 5 = Number of days in January + Number of days in February + Number of days from March 1 to March 4 = 31 + 28 + 4 = 63
Amount the seller owes for the time he owned = Amount per day * Total number of days from January 1 to a day before March 5 = $7.67 * 63 = $483.29
Therefore, the debit and credits for the tax proration will be as follows:
Debit seller for $483.29; and Credit buyer for $483.29.
It should take approximately 27 days using the water at an average of. 450 gallons per day
Answer:
$1030
Step-by-step explanation:
Last winter:
Total expense = 370 * 2.56 = $947.2
Next year,
price increases 9% per gallon
which means, per gallon cost is $2.7904
Approx. expense = 370 * 2.7904 = $1032.448 which is round down to $1030
Answer:
Discoveries and scientific and technical inventions do not influence the behavior of people, but their lives do
Step-by-step explanation: what app and ok
Answer:
Step-by-step explanation:
The slope-intercept form of an equation of a line:
m - slope
b - y-intercept → (0, b)
From the graph we have the points (4, 4) and (0, 3) → b = 3.
We have the equation:
The formula of a slope:
Put the coordinates of the points:
Finally we have:
