Globalizationvery useful for health insurance to take advantage of medical tourism, medical tourism is traveling
Answer:
The answer is D. owner's equity, debit balance
Explanation:
Drawing is the money or goods taken out from business by its owner. This act is usually common in partnership or sole proprietorship.
A drawing is not an expense, rather it is a reduction in owner's equity.
To credit owner's equity means to increase its equity and to debit owner's equity means to decrease or reduce its equity.
Since, drawing is a reduction in owner's equity, we debit owner's equity making option D. the correct answer.
Option A and B are wrong because drawings are not classified as an expense.
Option C is also wrong because a drawing is never a liability.
Answer:
1-2%
Explanation:
In simple words, every nation in the world have some kind of central authority that works to control and keep the inflation as low as possible. However, too low inflation can also lead to recession which brings problems way worse than inflation.
Thus, keeping in mind about all the information we have studied, it is advisable to keep inflation at 1% or 2% band, so that economy can grow moderately along with no price pressure on consumers.
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The most common source of business system failure is : B ) data quality
-Hope this helps.</span>
Answer:
a. $270,900
b. $6.30
c. $24,570
Explanation:
(a) The depreciable cost = $270,900
(b) The depreciation rate = $6.30
(c) The units-of-activity depreciation for the year =- $24,570
