Bright Mcfarlane
05/02/2024 · Middle School
93. The principal balance on an assumed mortgage loan is entered on the closing statement as a a. Credit to the seller and a debit to the buyer. b. Credit to both the seller and the buyer. c. Debit to both the seller and the buyer. d. Debit to the seller and a credit to the buyer.
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Credit to the seller and a debit to the buyer.
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