Answer:
The correct answers are all of the above options
Explanation:
Trade is the term which is defined as the activity of exchanging, buying or selling the goods and the services among the countries, people, families, nations.
It offers the variety or range of the products which could be sold in the market in order to earn or gain profit so that could benefit the business or themselves.
So, it could be better off when applies to the trade and interactions among the families, nations and states within US.
Answer: Option(c) is correct.
Explanation:
A market refers to a term or institution in which various buyers and sellers of a particular good interact with each other to perform certain transactions. In a market, there is a buying and selling of goods and services between the consumers and sellers and price is determined by the market forces. Examples of market; Automobile market, fruit market, vegetables market, wood market, etc.
A bank reconciliation is a(n): Internal report prepared to compare the company's cash records with the bank statement report.
Bank reconciliation is the way in which the bank balance is compare with cash balance in order to detect and rectified any discrepancies or error.
Important of Bank reconciliation includes:
• It enables company's or organizations to know the actual position of their bank balanc
•It help to detect errors
•It help to detect fraud
•It help to prevent fraud
•It help to prevent embezzlement of money.
•It help to verify the accuracy of both the bank balance and the cash balance.
Inconclusion A bank reconciliation is a(n): Internal report prepared to compare the company's cash records with the bank statement report.
Learn more here:
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Answer:
<u>Globalize</u>
Explanation:
Globalization in simple terms refers to integration of domestic economy with the world economy. It lays emphasis upon removing trade barriers and making the world one big market.
The concept of Globalization gave rise to the emergence of multi national corporations operating multiple businesses in different countries.
As companies go global, the intensity of competition increases as it's no longer restricted within domestic boundaries. Such international competition induces companies to come up with new innovations and methods so as to survive globally. This enhances the efficiency.
Thus, this serves as one of the motives for the companies to Globalize.
Answer:
b. Debit Cash, $3,600; credit Unearned Legal Fees Revenue, $3,600
Explanation:
The journal entry to record the given transaction is as follows
Cash Dr $3,600
To Unearned legal fees revenue $3,600
(Being the collection is recorded)
Since the collection is made so we debited the cash account and credited the unearned legal fees revenue so that the correct posting could be made
Hence, the correct option is b.
