Examlex
Reggie is a Green Party supporter. He goes out of his way to read articles about the achievements of the Green Party, but doesn't pay any attention to articles that are critical of the party and its candidates. Reggie is exhibiting:
Insurance Payable
A liability account that represents amounts owed for insurance premiums that are due but not yet paid.
Proprietorship
A business owned by one individual.
Drawing
Drawing refers to the withdrawal of cash or other assets from a company by the owner(s) for personal use, decreasing the owner's equity in the business.
Decrease In Assets
A reduction in the value or amount of the assets owned by a company or individual.
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