PRINCIPAL-AGENT RELATIONSHIPS Jensen Realty markets and sells single family homes built by Shaky Construction Com

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answerhappygod
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PRINCIPAL-AGENT RELATIONSHIPS Jensen Realty markets and sells single family homes built by Shaky Construction Com

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PRINCIPAL-AGENT RELATIONSHIPS







Jensen Realty markets and sells single family homes built by Shaky
Construction Company.



Jensen Realty passes papers (completes a sale) of one of these
homes and



receives cash of $800,000. The agreed upon
commission is 3%.







Prepare Jensen Realty's journal entry to record this
transaction.
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