I believe it is <span>b. profit
</span>
They take deposits so D. is the answer
<span>Your real income value will increase. The value of your money has now become higher, since deflation is a decrease in the overall money supply. Any income you do have, if it stays the same, will be able to buy more in products than it previously was able to.</span>
Answer:
a. Date Account Title and Explanation Debit Credit
Insurance Expenses $2,800
Prepaid Insurance $2,800
(To record 6-month Insurance coverage expired)
b. Date Account Title and Explanation Debit Credit
Supplies Expenses $10,200
Supplies $10,200
(8,200 +3,600 - 1,600)
(To record supplies consumed during the year)
Answer:
right answer is option no b
Explanation:
₹32,500