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Business, 25.02.2020 05:28 jt121717

Sally and Sam have sold their home to Tina and Max. The closing is set for August 23. The insurance policy of $1,700 was prepaid. Using the 12 month/30 day method, what will be Tina and Max’s share of the insurance expense and how will it be handled on the settlement statement?

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Sally and Sam have sold their home to Tina and Max. The closing is set for August 23. The insurance...
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