Answer:
The answer is C.
Explanation:
It will not be proper to just choose the balance in the cash ledger or the one in the bank because the balance as per the cash ledger in the book might be different from the balance in the bank statement in the bank.
So to eliminate this differentiation, bank reconciliation needs to be done. After this reconciliation has been carefully done, the adjusted cash balance in the reconciliation will be used.
Revenue and retained earnings provide insights into a company’s financial performance. While Retained earnings are an accumulation of a company's net income and net losses over all the years the business has been operating whereas, Revenue is a critical component of the income statement.
Retained earnings are the amount of profit a company has left over after paying all its direct costs, indirect costs, income taxes and its dividends to shareholders. Retained earnings make up part of the stockholder's equity on the balance sheet.
Revenue, sometimes referred to as gross sales, affects retained earnings since any increases in revenue through sales and investments boost profits or net income.
To learn more about Retained earnings here
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For a contract to be legally binding and enforceable, consideration must be exchanged. A legally enforceable contract can either be written or oral. However, depending on the nature of the transaction, some contracts might need to be written down to be enforceable. Hope this helps
Your answer is 2730!!!!!!
Answer:
The cooperatives help their member to focus their attention on their livestock while the cooperatives work to get the best prices for their products.
Explanation:
