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2 years ago

When a single broker represents both parties in a real estate transaction, a _______ agency may exist.

Business

1 answer:

Nataliya [291]2 years ago

7 0

Answer:

Dual

Explanation:

real estate transaction,which is used to convey ownership of a particular property to the buyer whereby there is a mutual agreement on some terms. The contract may be long it in shirt time.the end process is usually reffered to as “closing,” and this is a term that explains that both parties need to fulfill all terms and conditions that is associated with the exchange.

It should be noted that When a single broker represents both parties in a real estate transaction, a dual agency may exist.

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Company uses the direct write-off method to account for uncollectible receivables. On April 18, Wears wrote off a $ 6 comma 10

vlabodo [156]

Answer:

On April 18, Wears wrote off a $ 6 comma 100 account receivable from customer W. Jalan

Debit Bad debt expense $6,100

Credit Accounts receivable $6,100

Being entries to write off debts due from W. Jalan

On May 24, Wears unexpectedly received full payment from Jalan on the previously written off account

Debit Cash account $6,100

Credit Bad debt expense $6,100

Being entries to record cash collected for debt previously written off

Explanation:

Ordinarily, When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Where a debit that had previously been determined to have gone bad gets settled, debit cash and credit bad debt expense.

However, these entries are posted directly between the bad debt expense account and the accounts receivable if the company uses the direct write off method.

7 0

3 years ago

In the case of an expansionary_____policy, the interest rate rises, while in the case of an expansionary _____ policy, the inter

Vlad1618 [11]

Answer:

In the case of an expansionary_____policy, the interest rate rises, while in the case of an expansionary _____ policy, the interest rate falls.

Select one:

a. fiscal; monetary

b. monetary, monetary

c. monetary, fiscal

d. fiscal; fiscal

Explanation:

In the case of an expansionary_____policy, the interest rate rises, while in the case of an expansionary _____ policy, the interest rate falls.

Select one:

a. fiscal; monetary

b. monetary, monetaryIn the case of an expansionary_____policy, the interest rate rises, while in the case of an expansionary _____ policy, the interest rate falls.

Select one:

a. fiscal; monetary

b. monetary, monetary

c. monetary, fiscal

d. fiscal; fiscal

In the case of an expansionary_____policy, the interest rate rises, while in the case of an expansionary _____ policy, the interest rate falls.

Select one:

a. fiscal; monetary

b. monetary, monetary

c. monetary, fiscal

d. fiscal; fiscal

c. monetary, fiscal

d. fiscal; fiscal

7 0

3 years ago

Suppose that Riverview Community Bank loans out all of its excess reserves that resulted from the $178,000 Fed bond purchase to

sergey [27]

Answer:

The deposit of $178,000 by Mr. Rho appears under Liabilities of Waterfield Bank as shown in the attached photo.

Explanation:

Note: See the attached photo for the T-account Illustration for Waterfield Bank after this transaction has occurred.

The the proceeds of the home sale deposited by Mr. Rho into his checking account at Waterfield Bank is liability to Waterfield Bank. Therefore, the deposit of $178,000 by Mr. Rho appears under Liabilities of Waterfield Bank as shown in the attached photo.

4 0

3 years ago

Which is NOT a money management skill discussed in the reading material?

aleksandrvk [35]

Answer:

Option B. Managing your time in a healthy manner

Explanation:

The reason is that the money management moves around the money and managing time has no association with the money savings or money generation or money spending. So the things that matter while managing the flow includes the estimation of cash outflow and inflow in the coming period, budgeting the cash flow, least cash amount required to tackle emergent issues and other issues like opening saving account, short term investment, etc.

4 0

3 years ago

Which of the following should be subtracted from net income in calculating net cash flow from operating activities using the ind

weqwewe [10]

Answer: increase in inventory

Explanation:

increase in inventory : An increase in a company's inventory shows that the company bought more goods than it has sold. And the buying of additional inventory requires the use of cash, it means there was an additional outflow of cash. An outflow of cash has a negative effect on the company's cash balance.

4 0

2 years ago