Examlex
Select the appropriate financial statement for each of the following accounts.(a) Income statement(b) Statement of changes in equity(c) Balance sheet(d) Statement of cash flows ____ (1) Cash ____ (2) Withdrawals ____ (3) Notes payable ____ (4) Service revenue ____ (5) John Jay, capital ____ (6) Accounts receivable ____ (7) Prepaid Rent ____ (8) Supplies Expense
Partnership Agreement
A contractual document among partners that outlines the terms, conditions, and operational procedures of a partnership business.
Personal Loan
An unsecured loan provided by financial institutions, based on the borrower's credit history and ability to pay back, for personal use.
Loan
Borrowed money that is expected to be paid back with interest.
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