An investor is selling a rental property. At closing, the tenants' full security deposits will be a debit to the seller and a credit to the buyer.

a. true
b. false

Answer: a. true

Business

You might also like to view...

The specific identification method of inventory costing is recommended when a business deals in unique and high-priced inventory items

Indicate whether the statement is true or false

Business

Why is the demand in business-to-business markets mostly inelastic?

What will be an ideal response?

Business