Use the following to answer questions:
Figure: Demand and Supply 
-(Figure: Demand and Supply) Refer to the figure. Which statement is TRUE?
Definitions:
Uniform Partnership Act
Laws enacted in most states that govern how a partnership is formed, operated, and liquidated.
John Partner's, Capital
Represents the account on a balance sheet indicating the value of an owner's (John Partner, in this case) interest in the business.
Cash
A form of currency that includes coins and currency notes, used as a medium of exchange.
Accounts Payable
A liability on a company's balance sheet representing the amounts due to suppliers by the business.
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