Discuss Some of the Changing Trends and Attitudes Related to Cohabitation

question 105

Essay

Discuss some of the changing trends and attitudes related to cohabitation. What are some of the characteristics common to those who choose cohabitation?

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Definitions:

Normal Balance

The side (debit or credit) of an account that is expected to have a higher balance based on the accounting equation; assets and expenses normally have a debit balance, while liabilities, equity, and revenue normally have a credit balance.

Withdrawals

Money taken out from a bank account, or the act of taking out funds or assets from a business by the owner for personal use.

Assets

Resources owned or controlled by a business, expected to bring future economic benefits.

Debits

In accounting, entries that increase asset or expense accounts, or decrease liability, equity, or revenue accounts.