Examlex
A review of the bank statement and accounting records of Blake Company revealed the following items:
-Which of the following describes an activity that increases a company's bank account balance?
Sales Contract
A legally binding agreement between a buyer and a seller detailing the terms of sale of goods or services, including price, delivery, and quality specifications.
Tender of Payment
An offer to pay a debt or obligation by providing money or goods to the owed party.
Tender of Payment
The act of offering to pay a debt or an obligation, usually by offering the exact amount due in a legally recognized form.
Legal Tender
Money that may be offered legally in satisfaction of a debt and that must be accepted by a creditor when offered.
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