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07.01.2020 •
Mathematics
George and susan are selling their home. which of the following charges will appear as a credit to them on the settlement statement?
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Ответ:
Contract sale price
Step-by-step explanation:
The rest of the question with the option is what I sent as a picture
1) the sale of a house can't be recorded as a loan balance, whether credit or debit, only if they are selling the house to pay a loan, which in that scenario will be a debit for George and susan
2) selling a house can be categorized as a contract sale, so the price of the house will definitely be a contract sale price, and since George and Susan are the ones selling and not buying, it will be seen as credit for them
3) the house can't be recorded as unpaid items still due from the sellers because that would be a debit for George and Susan
4) Documents preparation fees wont be a credit for George and Susan, because they will spend money to prepare the documents for the sale of the house, so it won't be as credit in their favor
Ответ:
The value of this would be 83,000 because 10 multiply to eachother 4 times is 10,000 than 8.3 times that is 83000, sorry guys
Step-by-step explanation: