Documents the agreement between a seller and a listing broker to cease selling a property and specifies the terms for doing so cancellation of Listing.
<h3>
Purchasing contract</h3>
A purchase agreement is a type of agreement that summarizes terms and conditions related to the sale of goods. As a legally binding contract between buyer and seller, the agreements commonly relate to buying and selling goods rather than services. They protect transactions for nearly any type of product.
<h3>What is the difference between sale and purchase agreement?</h3>
Before a transaction can happen, the buyer and the seller negotiate the price of the item to be sold and the term for the transaction. The SPA is a framework for the negotiation method.
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Explanation:
The journal entry to record the estimated uncollectible accounts is shown below:
Bad debt expense Dr $7,500
To Allowance for uncollectible accounts $7,500
(Being the bad debt expense is recorded)
The computation is shown below:
= Estimated amount for uncollectible accounts - credit balance in allowance for uncollectible accounts
= $12,000 - $4,500
= $7,500
B, because monopolistic market sells homogeneous goods.When a firm raises its price,it loses all of the customers
Answer:
Option A Written report that quantitatively describes a firm's financial health
Explanation:
The reason is that the financial statements reflects the firm's finanacial health in terms of profits & losses, Assets and its worth, Cash flows and Equity at the year end. This gives an overview where the company is heading. Financial statements gives an overview how the company has managed its costs, increased profits, increased investments, cash generation from core operations, etc. It has wide number of use for decision making purposes for its stakeholders.
Answer:C
Explanation:
Discretionary fiscal policy is less effective than is implied by the early Keynesian view
