A(n) ________ value is a desired end state or outcome that people seek to achieve

A company receives $132, of which $12 is for sales tax. The journal entry to record the sale would include a

A. Debit to sales tax expense for $12 B. Credit to sales tax payable for $12 C. debit to sales for $132 D. debit to cash for $120

Which of these closing expenses is customarily split evenly by the two parties?

A. Escrow fee B. Recording fees C. Attorneys fees D. Appraisal fees