Owner withdrawals cause a decrease in owner's equity and are recorded directly within the owner's withdrawal.
<h3>What is a withdrawal?</h3>
Withdrawals are variables in an economy that leak the circular flow of income and reduce the dimensions of national income. Withdrawals include savings, taxation, and imports.
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Assuming the user took advantage of this offer, the amount that would be discounted on a $10,000 invoice is: $200.
<h3>
Discounted amount </h3>
Using this formula
Discounted amount =Discount rate× Invoice
Let plug in the formula
Discounted amount=2%×$10,000
Discounted amount=$200
Therefore assuming the user took advantage of this offer, the amount that would be discounted on a $10,000 invoice is: $200.
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The answer to the given statement above is false, it is because even if a person has entered a partnership, it does not mean less work and effort should be done to maintain the relationship because having no effort in maintaining this relationship could only cause the bond to diminish and destroy. It is best to have an equal amount of work done in order to maintain a relationship with the partner.
Thank you for posting your question here at brainly. Below are the choices that should accompanied with the question above, the answer is letter C.
a. He bought several apartments to rent out under Airbnb
b. He became an Uber driver
c. He lived out of Airbnb rentals full-time
d. He became a bell hop at a San Francisco Hilton Hotel
<span>e. All of the above</span>
The maximum amount of new loans the bank can extend is $800,000.
<h3>What is the maximum amount of new loans the bank can extend?</h3>
The reserve ratio is the amount of deposits that must be kept as reserves with the central bank. The money that is not kept as reserves can be used to create loans.
Maximum loan amount = deposit - (reserve ratio x deposits)
1,000,000 - (0.2 x 1,000,000) = $800,000
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