Which of the following statements best explains the most important reason why businesses use checking accounts?
a. to gain tremendous prestige for entrepreneurs
b. to secure interest on the balance in the account
c. to provide a good record of payments
d. to enhance the quality of correspondence
a. to gain tremendous prestige for entrepreneurs
b. to secure interest on the balance in the account
c. to provide a good record of payments
d. to enhance the quality of correspondence
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Answer:
B
Explanation:
To secure interest on the balance in the accounts