Population of Italy. 1  Population: 58,133,509 approximately. 2  Age structure can be defined as: 0-14 years: 14.03%. 15-64 years: 65.93%. 65 years and over: 20.04%. 3  Growth Rate of Population: 0.68%. 4  Net Migration Rate: 7.5%.
BREAKING DOWN 'Equity Accounting'. The amount of undistributed profits that the corporation decides to document is generally equal to the percentage of equity it controls. In many cases, the profits of the affiliated company are never distributed to the corporation.
The accounting transaction typically found in a drawing account is a credit to the cash account and a debit to the drawing account. The drawing account is an equity account; this means that the drawing account is a contra equity account, and is therefore reported as a reduction from total equity in the business.