Ask Question
8 April, 07:06

After the Seller's columns on a Settlement sheet have been subtotaled, to balance the two debit and credit columns, a credit to the Seller and a debit to the broker would represent:

+5
Answers (1)
  1. 8 April, 11:01
    0
    That the seller owes money.

    Explanation:

    The debit column represents money that is owed to the seller of the property, while the credit column represents money that the seller owes. If the columns are unbalanced in the manner stated by the question, the seller must pay money to balance the accounts. For example, maybe the seller hasn't paid yet some expenses or fees.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “After the Seller's columns on a Settlement sheet have been subtotaled, to balance the two debit and credit columns, a credit to the Seller ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers