Libby is the sole proprietor of a travel agency. during the year, she withdrew $3,750 from her business for her personal use. how will the business account for this withdrawal? a. debit the distribution account b. credit the drawings account c. debit the capital account d. credit the capital account e. credit the profit account

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

Match each item to check for while reconciling a bank account with the document to which it relates. (there's not just one answer) 1. balancing account statement 2. balancing check register a. nsf fees b. deposits in transit c. interest earned d. bank errors

Which of the following is an example of a production quota? a. the government sets an upper limit on the quantity that each dairy farmer can produce. b. the government sets a price floor in the market for dairy products. c. the government sets a lower limit on the quantity that each dairy farmer can produce. d. the government guarantees to buy a specified quantity of dairy products from farmers.