Answered

Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Our Q&A platform provides quick and trustworthy answers to your questions from experienced professionals in different areas of expertise. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

When a U.S. company makes a $200,000 donation to the International Red Cross to help the victims of an earthquake in India, the transaction is recorded in the

A.current account.
B.international help account.
C.official settlements account.
D.oneminus−way donations account.
E.capital account

Sagot :

ANKITANAND

When a U.S. company makes a $200,000 donation to the International Red Cross to help the victims of an earthquake in India, the transaction is recorded in the current account.

What does a company's current account mean?

It is incredibly convenient to collect payments from small customers because current account holders have access to multiple bank branches where they can deposit cash or checks.

One type of deposit account used by people who deal with banks frequently is a current account, also known as a financial account. At the applicant's request, the bank creates it and makes it frequently or instantly accessible.

Therefore, Current accounts, which are linked to liquid deposits, provide a wide range of customized options to assist with financial transactions.

Learn more about the current account from the given link.

https://brainly.com/question/13275642

#SPJ4

We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.