Answer:
Explanation:
They helps to boost economy of country and provides goods and services at reasonable price. On the other hand, it is competitor of many companies like superstore, save on foods etc
Answer:
bank service expense 50 debit
supplies 18 debit
cash 68 credit
--to record bank reconciliation--
Explanation:
We have to adjust the cash balance for the transactions unknow for the company which are the bank service charge of $50 and the mistake in the accounting for $18
we actually spend 97 but recorded 79 thus, we increase supplies by 18
Answer: they should claim a deduction for foreign taxes on their Schedule A?
Explanation: An itemized deduction is an expenditure on eligible products, services, or contributions that can be subtracted from adjusted gross income (AGI) to reduce your tax bill.
Most taxpayers have the option to either itemize deductions or claim the standard deduction that applies to their filing status.
<span>When two firms who do not participate in the same industries, for example a software company and a fast food restaurant company decide to merge, the result is called a conglomerate merger. A conglomerate merger is defined as two or more companies that come together to work together when they have absolutely no related things in common when in comes to their businesses. There are two types of conglomerate mergers, pure and mixed. In a pure conglomerate merger the businesses have nothing in common and just want to expand their business areas. A mixed conglomerate merger is when firms want to expand their product lines or target markets. </span>
Answer:
Small time deposits, money market mutual funds, currency, checkable deposits, savings deposits.
Explanation: