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Which of the following best describes myopia and hyperopia? Myopia Hyperopia
Sole Proprietorship
A business owned and operated by one individual, where there is no legal distinction between the owner and the business entity.
Incorporated
The process of legally declaring a business entity as a corporation, providing its owners with benefits such as limited liability.
Accounts Receivable
Money owed to a business by its clients or customers for goods or services provided on credit.
Accounts Payable
The amount of money a company owes to its suppliers or vendors for goods and services received but not yet paid for.
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