Final answer:
The subject of this question is Business because it involves handling damaged goods and managing financial matters.
Step-by-step explanation:
In this question, the subject is Business because it involves handling damaged goods and managing financial matters.
Prentise was granted a $1,060 allowance for damaged goods that they agreed to keep. This means that Prentise will receive a sum of money as compensation for the damaged goods they have chosen to retain.
It is important for businesses to accurately record these types of transactions as they can affect financial statements and inventory management.