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A corporation may exercise its power to borrow money by issuing bonds.
Withdrawal Account
An account in a partnership or sole proprietorship that records the amounts taken out of the business by the owner for personal use.
Capital Account
In accounting, it refers to the account on a company's balance sheet that represents the owners' or shareholders' investment in the company.
Net Income
Net Income is the total profit of a company after all expenses and taxes have been deducted from total revenues, indicating the company's overall profitability.
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