The amount of cash that should be reported in the company's balance sheet as of May 31 is $2,975.
<h3>
What is a balance sheet?</h3>
- A balance sheet also referred to as a statement of financial position or a statement of financial condition in financial accounting, is a summary of the financial standing of a person or an organization, including a corporation, private limited company, sole proprietorship, business partnership, government agency, or not-for-profit organization.
- As of a particular date, such as the conclusion of its financial year, assets, liabilities, and ownership equity are listed. It's common to refer to a balance sheet as a "picture of a company's financial status."
- The balance sheet is the only one of the four fundamental financial statements that only apply at one particular period in a company's fiscal year.
<h3>Solution -</h3>
Deposits outstanding = $3,050 (+)
actual amount on check my Money corporation = $95 (+)
Service fees = $170 (-)
∴ 
So, the amount of cash that should be reported in the company's balance sheet as of May 31 is $2,975.
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Answer:
business-to- consumer (B2C)
Explanation:
Commerce is a business model which typically involves the buying and selling of goods or products at a given price.
Generally, commerce comprises of four (4) business models and these are;
1. Business to Business (B2B).
2. Consumer to Consumer (C2C).
3. Business to Government (B2G).
4. Business to Consumer (B2C).
A Business to Consumer (B2C) can be defined as a market which typically involves businesses selling their goods and services directly to the end consumers for their personal use.
Hence, the type of business that sells to the end consumer is known as business-to- consumer (B2C).
Some examples of companies that engage in the Business to Consumer (B2C) business model are; Amazon, Goo-gle, Walmart, Alibaba, Uber, LinkedIn, etc.
1 contract law
2 Something of value must be exchanged between the parties.
3 civil law
Why is the law important?
Laws are created for protect our general safety, and ensure our rights as citizens against abuses by other people, by organization's, and by the government itself. We have laws for help provide to our general safety.
How many kinds of Laws?
Natural or Moral Laws: Natural laws are the belief that certain laws of morality are inherent by human nature, reason, or religious belief.
- Scientific Laws
- Imperative Laws
- Common Laws
- Criminal Laws
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Answer:
It belongs to Alma because Susan abandoned it and Alma took possession of it
Explanation:
By common law, Alma is a person who has found an abandoned property and she may claim it. To do this, she has to take some definite steps to show her claim. Alma can claim this abandoned piece of chair by taking it into her house, or by placing a sign on it to show that she now owns it.
If Susan was to take this to court, the court would determine the kind of item and where it was found to determine if Alma has a right to it. But since it was found in a dump site she now has the right to it.
