Answer: The bank reserves part of the money and uses the rest to make loans to other people who need them.
Explanation: money doesn't just sit in the banks. the money will still there but some will be used by the banks for other loans and interests.
(i also took the test so this is most likely correct)
hope it goes well!
Due to the high crash rates among young drivers, Driver's education or communication campaigns are being implemented in some states to reduce the rate or to solve the critical issue. Special courses for young drivers<span> to make them conscious about their personal tendencies that may affect their behavior towards driving can be helpful.</span>
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im gone go for D hhalf oral Iran
Answer:
Dr accounts payable $2,300
Cr cash $2300
Explanation:
Initially the cost of the purchases=$4600
Returning half of the disc means the left for the discs actually bought is half of the invoice price of $4600 i.e $2,300
By not paying within the discount period implies that the debt stands at $2,300
Without mincing words,payment of $2,300 to the supplier automatically translates to debiting account payable with $2,300 and crediting cash account with the same amount.
The correct answer would :
Dr accounts payable $2,300
Cr cash $2300
This is missing from the options provided.
