Starting in 2016, a Point of Political Contention in the United

question 40

Essay

Starting in 2016, a point of political contention in the United States has been the choice of some professional athletes to kneel before the flag during the National Anthem rather than stand with their hands over their hearts. These athletes are kneeling in silent protest against systematic oppression of people of color. Some people, including President Donald Trump, denigrate this practice as disrespectful to the country. Analyze this conflict in terms of the destructive processes of symbols.

Recognize the effect of business transactions on total assets.

Understand how liabilities affect the accounting equation.

Acknowledge the impact of owner withdrawals and investments on Owner's Equity.

Differentiate between assets that do and do not appear on the balance sheet.