Maybe never because Term insurance isn't always there when you need it. Also you can only get term at certain points in your life. Whereas whole life is always available.
The distribution of wealth on Earth is such that the richest 1% are wealthier than the rest of the 99% combined so this is <u>True</u>.
<h3>How is income distributed?</h3>
The top 1% of the human population are so wealthier that they own more than the combined assets of the other 99%.
This was confirmed in 2016 by Oxfam, and the scary part is that this trend is set to continue.
Find out more on income distribution at brainly.com/question/4993794
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Answer:
Explanation:
Journal Entry is the way to record transactions, i.e business transactions into the record of account which is called Journal Book. It involves the identification of those account present in the transaction,know the type of account, then with accounting rule, record the transaction.
CHECK THE ATTACHMENT FOR THE PREPARED JOURNAL