Select the correct answer. 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 of the following accurately describes a surplus? a. consumer demand for a certain car is below the number of cars that are produced. b. the production costs for a certain car are below the sale price of that car. c. a reduction in the cost of steel enables a car company to reduce the sale price of its cars. d. a car company tries to charge too high a price for a car and has to reduce the price. 2b2t

Consumers who participate in the sharing economy seem willing to interact with total strangers. despite safety and privacy concerns, what do you think is the long-term outlook for this change in the way we think about interacting with people whom we don't know? how can businesses to diminish worries some people may have about these practices?

What is the relationship between credit and debt?