Answer:
Since the capital account and owner's equity accounts are expected to have credit balances, the drawing account (having a debit balance) is considered to be a contra account. In addition, the drawing account is a temporary account since its balance is closed to the capital account at the end of each accounting year.
Explanation:
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Answer: This requirement can be met by creating sharing rules that allows the sales operation to have access to the records of the sales representative.
Sharing rules allows certain users to have considerable access through automatic exceptions to one's org- wide sharing.
Note that sharing rules should never be stricter than one's personal org-wide settings because it is only meant to allow considerable access for specific users.
Answer: Behavioural ecology.
Explanation:
Behavioural ecology is the study of how individuals behaves and interacts with each other within a particular society or community coupled with their evolutionary trend, this study looks into how a given population cooperates and competes with each other and how it affects evolutionary fitness in species. The study of behavioural ecology helps one to understand biological adaptation, how and where organism gets their food and how they escape from their preys, how they cope with unfavourable conditions, reasons why they migrate, etc.
The purchasing power of a dollar will erode by 8.26%.
The purchasing power of $1 if inflation rate is 8% is as follows:
Purchasing power = 1 / (1 + 0.08)
Purchasing power = 1 / 1.09
Purchasing power = 0.91743119
Change in purchasing power = [(0.91743119 - 1) / 1]*100
Change in purchasing power = [(-0.08256881/1} * 100
Change in purchasing power = -0.08256881 * 100
Change in purchasing power = -8.26%
Therefore, the purchasing power of a dollar will erode by 8.26%
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