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Snowcat [4.5K]
1 year ago
12

Think of the bank you or your family uses. What are some things that are positive or negative about the bank? what are some ques

tions you have that you would like to know?.
Business
1 answer:
pogonyaev1 year ago
4 0

Banks have benefits. Public wealth is safe. Cheap Loans are available. Economy's propellant massive scale economies Rural area development. World Wide.Banks' shortcomings. Chances that a bank will fail.

A bank is a type of financial institution that lends money while also accepting deposits from the general public and generating demand deposits. The bank can carry out lending activities directly or indirectly through capital markets.

Most jurisdictions place a high degree of regulation on banks because they are crucial to both the financial stability and the economy of a nation. The majority of nations have institutionalized a system of fractional reserve banking, in which banks hold liquid assets that are only partially equal to their current liabilities. Banks are typically subject to minimum capital requirements based on an international set of capital standards, the Basel Accords, in addition to other regulations meant to ensure liquidity.

Learn more about banks here:

brainly.com/question/27915139

#SPJ4

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The sum of all the depreciation expense recorded to date for a depreciable asset is called
erica [24]
This is called accumulated depreciation
8 0
4 years ago
The new union president has proposed a couple of ideas that are very unusual: 1. "We should make an effort to help solve problem
adoni [48]

Answer:

In simple words, supervisory jobs refers to those jobs in which an individual has to monitor the performance of other individuals working under his or her direction and guidance.

The opinion of the president, therefore, is not bad as an employee with relevant experience gets a certain respect and have adequate level of knowledge for teaching others.

4 0
4 years ago
Record adjusting journal entries 100 of the following for year ended December 31
maria [59]

Answer:

Salaries Payable :

Salaries Expense $24,000 (debit)

Salaries Payable $24,000 (credit)

Interest Payable:

Interest Expense $675 (debit)

Interest Payable $675 (credit)

Interest Payable:

Interest Expense $1,300 (debit)

Interest Payable $1,300 (credit)

Explanation:

When an amount is incurred but is deferred to another period for payment, a liability is recognized.

A liability is a present legal obligation arising from a past event, the settlement of which will result in outflow of economic benefits (Cash) from the entity.

8 0
3 years ago
Which of the following presents a summary of the changes in a firm’s balance sheet from the beginning of an accounting period to
svet-max [94.6K]
The correct answer is <span>The statement of cash flows. </span>The statement that presents a summary of the changes in a firm’s balance sheet from the beginning of an accounting period to the end of thataccounting period is "the statement of cash flows."
3 0
3 years ago
Adam decided to play a practical joke on Linda, a coworker. As Linda was leaving the office one night, Adam, wearing a mask, ste
Illusion [34]

Answer:

A) Yes, as his conduct was intentional.

Explanation:

Since in the question it is mentioned that adam decided to play a joke with the linda who is a coworker. Due to the acts of adam the linda was too scared during the whole incident

So as per the given options, the first option is correct as the act done by the adam is intentionally just for his fun

So, the option a is correct

5 0
3 years ago
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