Explanation:
The commercial company chosen is Amazon.com Inc, this is a multinational that operates in the areas of artificial intelligence, electronic commerce and computing. Amazon was founded in 1994 by Jeff Bezos, with the main objective of being a company that sells books on the internet, at that time the idea did not seem so promising, because the internet was little used worldwide, but Bezos saw there a opportunity and called itself the first virtual book store in the world, and began to be noted for the strategy of offering aggressive discounts, which made the company gain name and popularity.
The success strategy used by Bezos was to offer the customer an easy shopping service, focusing on their needs and offering a huge amount of titles available to the customer. Bezos' innovation strategy has made Amazon a pioneer in setting market standards for the entire internet.
If your savings account balance increases by $10 .The categories on your balance sheet affected is: savings account and cash.
<h3>What is savings account?</h3>
Savings account can be defined as the account that help you to save your money while you earn interest on the amount saved.
In a situation where the money in your savings account increase by $10 because of the interest earne, cash will be affected under current assets on your balance sheet.
Inconclusion the categories on your balance sheet affected is: savings account and cash.
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