I believe the answer is: Huiguan
huiguan typically has higher income even if compared to white citizens. Because of this, they could afford to create the <span>social and welfare services for the exclusive members (only chinese Americans). On top of that, they also take some amount of annual payment from the members to help sustain their community. </span>
The correct answer is A) payables.
Tammy is talented at the craft but lacks the cash flow management skills required to run a business. She opens a store, Tammy's Craft Corner, with the help of her son David - a business major - who manages the budgets and expenses of the business. David prepares the quarterly budget and maintains a company book for recording all transactions. The company book balance that David regularly updates is the sum of payables.
The book balance describes the amount of money available that can be used to pay other businesses or purchase anything needed after the adjustment after deposits in transit or checks that are not been cleared. The payables are the business obligation to pay-off a debt to its suppliers or creditors.
The other options of the question are B) chargebacks, C) deposits, and D) receivables.
The type of account that has very high liquidity, low
interest or no interest at all with a low minimum balance is checking account.
The checking account is usually the ones used by a company because of different
purposes and it has the following functions which are mentioned above. Making
it easier and reliable for them to use.
