Well obviously the economy is shrinking. people aren’t buying/trading much because they don’t want to risk going out and going through avoidable things you know?
Answer: Financial institutions
Explanation: Financial institutions, sometimes referred to as banking institutions works as a intermediary in financial markets. These institutions offers deposit facilities to general public in exchange of interest on such deposits. Then these institutions lend the deposited amounts to those in need for investments and funds and charge interest to them.
Thus, we can conclude that option A is correct.
Answer:
a. Item numbers 2 and 4.
Explanation:
At the time of the bank reconciliation statement, there are two statements i.e book statement and the bank statement.
While at the time of recording the true cash balance, the following items should be deducted that are
1. Bank service charges
2. NSF checks
All other items are not relevant for subtracting it from the unadjusted book balance.
When a business has plants located in several foreign countries, it is called a multinational company.
