Florida Real Estate Practice Exam 2025 - Free Real Estate Practice Questions and Study Guide

Accrued items are expenses that have been incurred, but not yet paid. In the seller's debit column, they should include items that have been incurred and will need to be paid by the buyer after the sale is completed.

Option A, utilities paid in advance, is incorrect because this is a prepaid expense, not an accrued expense. These expenses have already been paid and should not be included in the seller's debit column.

Option B, prepaid taxes, is also incorrect for the same reason as option A. Prepaid expenses have already been paid and should not be included in the accrued items in the seller's debit column.

Option D, heating oil in the tank, is incorrect because this is an asset, not an accrued expense. This should be included in the seller's asset column, not the debit column.

Option C, unpaid real estate taxes, is the correct answer because these are