Answer: Creating liquidity
Explanation:
Depository institutions includes commercial banks, credit unions, savings and loans. Depository institutions receive money from the depositors and lend out to their borrowers.
The primary function of the depository institutions is to create liquidity by making credit available to borrowers in the form of loans. Depository institutions also receive deposits from their customers in exchange for interest and then use them to create loans for people.
Answer:
keep your own records to compare with your financial institutions records
Answer:
Supplies Expense 12500
Explanation:
<em>Bravo Unlimited</em>
<em>Adjustment Entry</em>
Date Particulars Debit Credit
February 29 Supplies Expense 12500
Supplies Account 12500
( Opening bal+ purchases- Ending bal= Expense= 2000+ 12000- 1500= 12500
At the month end Supplies were used for $ 12500 and supplies on hand are $ 1500.
On 2nd Feb the supplies account totalled $ 14000 but $5000 supplies had been expensed so the total amount of supplies used up is calculated by (Opening bal+ purchases- Ending bal= Expense) the formula given above.
Answer: Specialization
Explanation:
The job specialization is the one of the concept that basically focuses on the special areas and also the expertise in which the people perform various types of tasks based on their abilities.
The job specialization is one of the important factor that helps the organization for achieve the desired goals and also increase the growth of the business quality.
According to the given question, the IBM's manufacturing plant are basically arranged by the workers in more efficient way where the one worker performed the duty by drawing the strengthen of the wiring and other workers doing their expertise task.
Therefore, the above given example is refers to the job specialization.
