Answer:
The correct answer is C
Explanation:
Bank asset is the assets which represent the ownership of the value capable of being converted into cash. So, the reserve which the banks hold or refrain from using will be classified as the asset for the bank. And the deposit made by the customer will be classified as the current liability as the bank allows the customers to use their deposits whenever they want to use.
Therefore, the reserve is a part of bank asset whereas the deposits will not be a part of bank asset.
Domestic commerce is
b. The buying and selling of products within a particular country
Foreign commerce is the buying and selling of products between two countries
Taxation is the way a government determines tax rates
Laws start out as proposals.
<span>range of products, which effectively provides the public with a fundamental tool at this time, both to work and to have fun in a recreational activity. They can also offer the models of their vehicles a comfort for the whole family.</span>
Answer:
Option (b) $74,100
Explanation:
Data provided in the question:
Sales revenue = $184,000
Ending inventory = $11,600
Beginning inventory = $17,200
Purchases = $60,400
Purchase discounts = $3,000
Purchase returns and allowances = $1,100
Freight-in = $600
Freight-out = $900
Now,
Cost of goods available for sale
= Beginning inventory + Purchases + Freight-in - Purchases discounts - Purchase returns and allowances
= $17,200 + $60,400 + $600 - $3,000 - $1,100
= $74,100
Hence,
Option (b) $74,100