The economic principle is at work here regarding the house is known as progression.
<h3>What is an economic principle?</h3>
It should be noted that economic principle simply means the laws and theories that explain and economic situation.
In this case, the economic principle is at work here regarding the house is known as progression.
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Accompanying the bank statement was a debit memo for bank service charges. On the bank reconciliation, the item is a deduction from the balance per the company's records.
<h3>What is
a bank statement?</h3>
Generally, Bank service charge refers to the fees that the bank levies against the company for the company's transactions involving its bank account.
This is shown as a deduction on the company's bank statement as reported by the bank, but it has not yet been recorded in the company's records.
Along with the bank statement, there was a debit memo for the bank service charges that were included. According to the records of the company, the item will be deducted from the total balance on the bank reconciliation.
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I believe the answer is b
<span>Adina deposits $1,000 in the bank. The bank can then use her savings to make loans to/for investors. </span>
<em />I think it is C but don't quote me on it.