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 of closing belongs to the buyer.

Answers

Answer 1

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.


Related Questions

find x. round to the nearest tenth

Answers

See picture. Hope it helps

can you help me please ​

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The answer is -7.137x10^-3

Each pair of polygons is similar. Write a similarity statement for the polygons and the scale
factor

Answers

Answer:

second one r                  

Step-by-step explanation:

Angle measures 82.6° less than the measure of its supplementary angle. What is the measure of each angle

Answers

Answer:

  131.3°, 48.7°

Step-by-step explanation:

Let x represent the larger angle. Then x-82.6 is the smaller one. Their sum is ...

  x +(x -82.6) = 180

  2x = 262.6

  x = 131.3

  x -82.6 = 48.7

The two angle measures are 48.7° and 131.3°.

Mr. Gow needs to build a wheelchair access ramp for the school's auditorium. The ramp must rise a total of 3 feet to get from the ground to the entrance of the building. In order to follow the state building code, the angle formed by the ramp and the ground cannot exceed 4.75°.

Mr. Gow plans from the planning department that call for the ramp to start 25 feet away from the building code?

a. Draw an appropiate diagram. Add all the measurements you can. What does Mr. Gow need to find?

b. According to the plan in part (a), what angle will the ramp make with the ground? Will the ramp be to code?

c. If Mr. Gow builds the ramp exactly to code, how long will the ramp be? In other words, at least how far from the building must the ramp start in order to∞ meet the building code? Show all work.

(NOT A MULTIPLE CHOICE)

Answers

9514 1404 393

Answer:

  a.  see below for diagram. Angle for the length; length for the angle

  b. 6.84°; not to code

  c. 36.1 ft

Step-by-step explanation:

a. The diagram is shown below. Mr. Gow needs to find the angle it makes in order to determine if it is up to code. Alternatively, Mr. Gow needs to find the required length for a ramp that meets code.

__

b. The angle the ramp makes can be found using the tangent relation.

  Tan = Opposite/Adjacent

  tan(angle) = 3/25

  angle = arctan(3/25) ≈ 6.84°

The ramp will make a 6.84° angle with the ground. It will not meet code.

__

c. We can find the distance from the building where the ramp must start using the same trig relation.

  tan(4.75°) = (3 ft)/(distance)

  distance = (3 ft)/tan(4.75°) ≈ 36.1 ft

The ramp must start 36.1 feet from the building to exactly meet code.

ABOVE answer is absolutely correct

Please help me on question 1 :)

Answers

Please repost!! I can’t see the picture!

Help me plz will mark branialist

Answers

Answer:

8

Step-by-step explanation:

Select all the expressions that are equivalent to 4x+2.

A 8x+48 x plus 4

B 12(8x+4)1 half times open paren 8 x plus 4 close paren

C 12(2x+1)1 half times open paren 2 x plus 1 close paren

D 2(2x+1)2 times open paren 2 x plus 1 close paren

E 2x+2x+1+1
and one brainleiss

Answers

okay so your answers are

D and E!!

Evaluating function rules
f(x)= -3x^2
f(x)=(1+x)^2​

Answers

Answer:

4x^+2x+1=0

Step-by-step explanation:


A rectangular prism has a length of 18 feet, a height of 14 feet, and a width of 2 feet.
What is its volume, in cubic feet?
feet3

Answers

Answer:

504ft3

Step-by-step explanation:

V=Bh

V=(18x2) 14

V=36x14

V= 504

Answer:

volume = height × length ×width

volume =18×14×2

volume =504ft³

7) At what interest rate would a deposit of $50,000 grow to $111,277 in 25 years with continuous compounding?
A) 3.2%
B) 6.2%
C) 1.2%
D) 4.2%

Answers

C) 1.2%
Hope this helped !!

Can y’all tell me which one is a function and which ones is not ?

Answers

the ones with straight lines are functions the ones that are curved is not a function

Answer:

Ones that have 2 values of y for a single value of x

(vertical line, sideways v shape are not functions)

Step-by-step explanation:

In a function, each input (x) can have only one output (y)

There cannot be two ys for one x

the average length of a female dophin is 234 inches

what is the answer in feet and inches

Answers

Answer:

in feet its 19

In inches it would be 4

Tell me if this is right

Answers

Answer:

what I'm bored

Step-by-step explanation:

what's u need help with anything I'

Plsss help I’m begging u

Answers

Answer:

translation

Step-by-step explanation:

Ik its ridoculas so I looked it up believing myself

In ΔCDE, the measure of ∠E=90°, the measure of ∠C=43°, and CD = 95 feet. Find the length of EC to the nearest tenth of a foot

Answers

Answer:

69.5 FT

Step-by-step explanation:

\cos C = \frac{\text{adjacent}}{\text{hypotenuse}}=\frac{x}{95}

cosC=

hypotenuse

adjacent

=

95

x

\cos 43=\frac{x}{95}

cos43=

95

x

95\cos 43=x

95cos43=x

Cross multiply.

x=69.4786\approx \mathbf{69.5}\text{ feet}

x=69.4786≈69.5 feet

(7+c) + 4 simplify the expression explain each step

Answers

Answer:

11 + c

Explanation:

In the parenthesis, 7 + c cannot be simplified, so there is no need for them. Now we have 7 + c + 4. Only 7 and 4 can be added. 7 + 4 = 11. The answer is 11 + c.

Answer:

c+11

Step-by-step explanation:

The circumference of a circle is 124 inches. Determine the radius. Round to the nearest tenthC = 2πr
124 = 2(3.14)r

Answers

Answer:

radius:19.73521 Diamiter:39.47042 Area:1223.583

Step-by-step explanation:

Anthony has sold 1 1/5 of a box full of Boy Scout cookies for his troop. His sister Anna has sold 9/10 of a box full of Girl Scout cookies. Who has sold more cookies?

Answers

Answer:you can find out

Step-by-step explanation:

Turn 1 1/5 into a mixed number and then draw both fractions as circle or pi charts and fill in the amount of spaces to equal the fraction.

Its 1 1/5 :)

A pedagogical research institute wanted to test a new method for teaching geometry by assessing whether It helps students achieve higher grades. They decided to conduct a study using A volunteering high school with a total of 750 students At the beginning of the semester, 2 out of the 4 high schools were randomly picked to use the new teaching method, while the remaining 2 schools kept teaching with traditional methods. The first pair had a total of 400 students, and the second pair had a total of 350 students. By the end of the semester, the researchers compared the average scores in the geometry section of the final exam for each pair of schools. What type of statistical study did the researchers use

Answers

Answer:

Experimental Statistical Study

Step-by-step explanation:

Of the three types of statistical study, the one used by the researcher in this question is the experimental statistical study and the reason is as follows:

From the question, a study was conducted on a total of 4 high schools; these high schools were further divided into 2 pairs.

Each pair were subjected to or experimented with different method of teachings. At the end of the semester, the average were compared.

This implies that both pairs were experimented based on different teaching methods and the result of the methods were measured in order to determine which of the methods is better.

This type of study is experimental

Answer:

Experiment ; No, because the schools could be very different, meaning the randomization won't smooth out other effects.

Step-by-step explanation:

Write the equation and solve:
I. You and three friends go to the town carnival. You have a coupon for $20 off that will
save your group money! If the total bill to get into the carnival was $100, how much does one
regular price ticket cost?
Write the equation and solve:

Answers

Answer:

The regular cost of each ticket is $30

Step-by-step explanation:

Hi,

You and three friends means there was a total of 4 people. Your equation is...

4x - 20 = 100

Remember to add the -20 since there was a coupon that saved you $20.

Now solve...

4x - 20 = 100

+ 20 on both sides

4x = 120

Divide by 4 on both sides

x = 30

The regular cost of each ticket is $30

Hope this helps :)

Answer:

e it's  really first question re  want to make this

each ticket would be $25  a regular

Step-by-step explanation:

A store is having a sale on trail mix and jelly beans. For 5 pounds of trail mix and 3 pounds of jelly beans, the total cost is $18. For 2 pounds of trail mix and 12 pounds of jelly beans, the total cost is $45. Find the cost for each pound of trail mix and each pound of jelly beans.

Answers

The store is at least 4

The cost for each pound of trail mix is $1.5 and each pound of jelly beans is $3.5 .

What is elimination method?

The elimination method is the process of eliminating one of the variables in the system of linear equations using the addition or subtraction methods in conjunction with multiplication or division of coefficients of the variables.

According to the question

A store is having a sale on trail mix and jelly beans .

Let trail mix = T

and  jelly beans = J

For 5 pounds of trail mix and 3 pounds of jelly beans, the total cost is $18.

i.e

5T + 3J = 18 -------------------------- (1)

For 2 pounds of trail mix and 12 pounds of jelly beans, the total cost is $45.  

i.e

2T + 12J = 45 -------------------------------(2)

Now,

multiplying eq (1) from 4

20T + 12J = 72 -----------------(3)

Solving equation (3) and (2) the equation by elimination method

20T + 12J = 72 -----------------(3)

2T + 12J = 45  -------------------------(2)

subtracting equation (2) from (3)

18T = 27

T = 1.5

substituting the value of T in equation 1

5T + 3J = 18

5*1.5 + 3J = 18

7.5 + 3J = 18

3J = 18 - 7.5

3J = 10.5

J = 3.5

Hence, the cost for each pound of trail mix is $1.5 and each pound of jelly beans is $3.5 .

To know more about elimination method here:

https://brainly.com/question/14619835

#SPJ3

Which number has an absolute value greater than 4?

Answers

Answer:

0

Step-by-step explanation:

Sorry if this doesn't help much and if its wrong, but maybe you could mark this as brainly? Have a wonderful day!

please help I will mark you brainiest!!!

Answers

Answer:

1080 - 240 = 840

Step-by-step explanation:

every single extended warranty is 20 bucks. that being said, u can like.. you know multiply the thing the the the 20 by 12 then minus. walla

What are the zeros of the polynomial function f(x) = x3 - 2x2 - 24x? (1 point)
1) -6, 0, 4
2) 6, 0, -4
3) -6, 0, -4
4) 6,0, 4

Answers

f(x) = x³ - 2x² - 24x

x³ - 2x² - 24x = 0

x(x² - 2x - 24) = 0

x = 0

x² - 2x - 24 = 0

a = 1, b = -2, c = -24

Delta = (-2)² - 4 * 1 * (-24) = 4 + 96 = 100

x = (-(-2) - 10)/(2 * 1) = -8/2 = -4

x = (-(-2) + 10)/(2 * 1) = 12/2 = 6

Answer: 2)

Customers are charged a late fee of 20% of their bill. This person is a week late on a bill of $200.00. What should we charge for the late fee?"

Answers

Answer:

$40

Step-by-step explanation:

The charge for the late fee would be $40.00. This is because 20% of 200 = 40.

What is the value of x?

Answers

The value of x is 12 I believe

Leo baseball team scored 180 home runs they only have 50 games how many home runs did they score per game

Answers

Divide 180 by 50

180 home runs/50 games
= 3.6 homes run per game


hope this helps!! :)

PLS ANSWER GIVING 15 POINTS!!!

Answers

Answer:

Instead of adding the exponents of 2 to get four you should just leave the exponent as two in the final answer.

Help fast please....

Answers

Answer:

152 cm²

Step-by-step explanation:

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