kguynn90551 kguynn90551
  • 17-04-2024
  • Business
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When a property sale is in escrow, there are debits and credits to the buyer and seller. If the buyer is paying 350,000 for the property, how would this350,000 appear on the settlement statement?
1) Debit to the title company
2) Credit to the escrow company
3) Credit to the buyer and debit to the seller
4) Credit to the seller and debit to the buyer

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