Identify and State the Historical Significance of the Following

question 9

Short Answer

Identify and state the historical significance of the following:
-Charles Evans Hughes

---

Definitions:

Increase Liabilities

The act of raising the amount of obligations or debts a company owes, which may affect its financial balance.

Reports

Documents containing organized information or data analysis used in decision-making, reflecting performance, financial health, and other critical metrics of an entity.

Balance Sheet

A financial statement that reports a company's assets, liabilities, and stockholders' equity at a specific point in time.

Paid Part

This involves the portion of an expense or debt that has been paid, as opposed to the remaining amount that is still owed.