I believe the correct answer to fill in the blank is:
A written report must be sent to the texas department of
public safety within 10 days of a collision that <u>“results in death,
injury, or more than $1,000 damage to property”.</u>
Answer: Debit accounts payable for 8, 300
Credit cash for 8,300
Explanation:
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The answer: an agency relationship
Answer: Option A
Explanation: A money based payment system is the one in which the transactions involving exchange of goods and services are performed by using a common denomination called money. In such a system any commodity can be valued on the basis of money.
However in a barter system one commodity is exchanged for the other. Therefore, the double coincidence of wants is needed for fulfilling these transactions. The actual value cannot be determined for any commodity.
From the above we can conclude that the correct option is B.
