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.
15 students have roles and 25 do not I hope this is right or at least helps :)
Rectangular area = l*b = 1620* 68 = 110160 cm² = 11.016 m²
ok so rearrange things so that it says 6-d=20, then subtract six from each side to get -d=20-6, then subtract 6 from 20 to get -d=-14, then multiply both sides by -1 to get rid of the negative sign in front of the d since a variable cannot be a negative thus making your answer -14 or letter D. :) ❤❤❤❤
hope this helps
