Expenses decreases retained earnings; therefore, to increase any expense, one would debit the expense account
What does retained earnings mean?
Retained earnings are profits retained in the business for reinvestment and for expansion purposes, in essence, expenses would reduce the retained earnings, the higher the expenses, the lesser the retained earnings become.
From a double entry point of view, an increase in expenses would be debited to expense account and a decrease is credited instead.
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The person who is using his parietal lobe is Al.
The parietal lobe has two main function according to its region. The first function is to receive and process sensory information from all parts of the body while the second is to interpret visual information as well as processing language and numerical inputs.
As described in the question, Al is trying to determine whether the shower is hot enough, which means that he is using his parietal lobe to do so.
Answer: sponsorship
Explanation:
Sponsorship simply refers to a situation whereby a company or an organization puts money into a particular event so that the products or brand of the said company can be promoted.
Based on the scenario in the question, this type of arrangement is very similar to what your text describes as sponsorship. Since the company pays for its brand to be displayed, it is sponsorship.
