The best and most correct answer among the choices provided by the question is the first choice, bank.
Bank would be recommended if you start a new business. Hope my answer would be a great help for you. If you have more questions feel free to ask here at Brainly.
Cash collected from customers = Sales plus decrease in accounts receivables
= $30,000 + $1000
= $31,000
The decrease in account receivables represents the collection of cash from a customer. If sales amount to $30,000, all must have been collected in cash hence no amount was outstanding to increase receivables. Hence the addition of the two items gives the cash collected from customers.
- This is a situation where waste from allocation of goods is reduced to the nearest minimum.
- This is when every economic good is optimally allocated across production and consumption so that no changes made to allocation can make any body better.
