menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
Money that the buyer or seller needs to pay at closing is called what? Expense Credit Debit Proration
asked
Aug 7, 2024
227k
views
1
vote
Money that the buyer or seller needs to pay at closing is called what?
Expense
Credit
Debit
Proration
Business
high-school
BugCracker
asked
by
BugCracker
7.7k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
3
votes
The answer would be c. debit
Pasukaru
answered
Aug 11, 2024
by
Pasukaru
8.5k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Oct 2, 2022
79.4k
views
A closing is March 5 for a rental property with an annual tax bill of $2800. Calculate and show the debit and credits for the tax proration between the buyer and seller using the 365 day method, the day
IDhaval
asked
Oct 2, 2022
by
IDhaval
8.3k
points
Mathematics
college
1
answer
4
votes
79.4k
views
asked
Dec 15, 2024
1.5k
views
Annual taxes of $4,200 have been paid on a property that is closing on July 15. What will be the settlement sheet entry for the proration of the taxes between the buyer and seller? a) Buyer owes $1,400,
FaizanHussainRabbani
asked
Dec 15, 2024
by
FaizanHussainRabbani
8.8k
points
Business
high-school
1
answer
2
votes
1.5k
views
asked
Feb 7, 2024
91.5k
views
The insurance charge is $1200/year. If closing is to take place on June 2ⁿᵈ, and insurance coverage began November 30th the year before, calculate the proration for the seller using a calendar year. Assume
Yogesh Jagdale
asked
Feb 7, 2024
by
Yogesh Jagdale
7.8k
points
Business
high-school
1
answer
4
votes
91.5k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.5m
questions
12.2m
answers
Other Questions
Who was Adam Smith ? Anybody?
What is meant by data mining ?
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org