Bill Buyer purchased a property from Sam Seller last year and closed on January 15. The water bill was paid in arrears. How would the water bill proration be shown?
A) It will show up as a credit to Bill and a debit to the broker.
B) It will show up as a debit to Bill and a credit to Sam.
C) It is not charged to either one since Bill will pay it outside of closing.
D) It shows up as a credit to Bill and a debit to Sam.