To qualify property to be pledged as collateral for a VA guaranteed loan, it must meet VA standards as determined by   written affidavit of the veteran seller.   inspection and approval of the lender's agent.   any approved VA builder.   a VA approved appraiser.

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Q: equired: ecord the following transactions on the books of Hope Hospital, wih 020. (If no entry is…

A: S. NO. General Journal  Debit ($) Credit ($) 1 Cash  40000       Income from Pledge   40000…

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A: Answer

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Q: 2. Record the following transactions on the books of Hope Hospital, which follow FASB…

A: NoGeneral JournalDebitCreditACash$51,000   Pledges Receivable $51,000     BReclassifications from…

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