A buyer will receive a water bill for an estimated $100 at the end of the month. At closing, the seller has used an estimated $43 in water.

Question

A buyer will receive a water bill for an estimated $100 at the end of the month. At closing, the seller has used an estimated $43 in water. What should appear on the closing statement?

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Adalynn 2 weeks 2021-09-26T17:45:56+00:00 1 Answer 0

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    2021-09-26T17:47:45+00:00

    Answer:

    A debit to the seller and credit to the buyer for $43.

    Step-by-step explanation:

    -The seller will charge $43.0 on the buyer’s account.

    -$43.0 will be debit from the buyer’s account and credited to the seller’s account.

    – Hence A debit to the seller and credit to the buyer for $43 will appear on the closing statement.

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45:7+7-4:2-5:5*4+35:2 =? ( )