The correct answer to this question would be a credit entry.
A withdrawal account has a debit balance throughout the accounting period when the owner makes a withdrawal. At the end of the accounting cycle there needs to be a closing entry made that would zero out the withdrawal account. This entry will be a credit to the withdrawal account and a debit to the capital account. The amount will be the balance in the withdrawal account in order to bring the balance to zero.
Answer:
2
Explanation:
because the marketing function is all about advertising the business.
Answer:
but in recent times has depended on government subsidies in order to compete with the highly subsidized agricultural sectors of the European Union (EU) and the United States.
Explanation:
It is important to note that Canada is one of the largest agricultural producers and exporters in the world.
Some examples of these subsidies includes:
1. AgriInvest Program
This program provides matching contributions to producers (private producers) who make annual deposits to an AgriInvest account, to help them manage risks or improve market income.
2. AgriInsurance Program
Provides farmers with insurance against natural hazards in order to minimize the financial implications of production losses.
Answer:
80 %
Explanation:
Given that,
Labor force = Employed people + Unemployed people
= 320,000
Total population 16 years of age or older = 400,000
Therefore, the labor force participation rate is as follows:
= (Labor force ÷ Population of 16 years of age or older) × 100
= (320,000 ÷ 400,000) × 100
= 80 %
Answer:
When issuing a check to a creditor as is being done here, you need to debit the creditors account (Accounts Payable) to show that you are paying off the debt.
You also need to credit cash because a credit will show that cash was used to pay for something and so has reduced.
Date Account Title Debit Credit
XX-XX-XXX Accounts Payable - Saurya Stores Rs. 39,000
Cash Rs. 39,000
