Based on the scenario, the 5Cs of credit that the bank is
concerned with is the conditions. Conditions in the 5Cs of credit is being
defined as the state that comprises the overall economic environment in which
is composed of the purpose of the loan and as well as the interest rates.
1) a 2) a 3) d hope this helps :D
Answer: $51,400
Explanation:
Credits to Accounts Receivable represent a reduction in the Accounts receivable amount.
The formula for Closing balance is:
Closing balance = Opening balance + Credit sales - Credits to accounts receivable
Making Credit sales the subject will make the formula:
Credit sales = Credits to account receivable + Closing balance - opening balance
= 56,800 + 17,000 - 22,400
= $51,400
Answer:
I believe the answer is reductions
Explanation:
The adjustments made to the account reduce the funds in the account but are made for specific purposes and used only for adjustments outside of any normal debits.
Answer:
The correct answer is option c.
Explanation:
A consumer price index measures the change in the price level of weighted average of a basket of goods and services purchased by the consumers.
GDP deflator measures the change in the price of all domestically produced goods and services.
A change in the price of domestically produced industrial robots will be included in the GDP deflator as it includes the prices of all domestically produced goods and services.
But it will not be included in the CPI as the industrial robots are not purchased by consumers in households, they are not consumer goods.
