Examlex
In statues of the Buddha, he is often depicted in a formal position where his right hand is held up with the palm facing forward, symbolizing:
Partnership Cash
Funds held and utilized within a partnership, which are contributed by and available to the partners according to the partnership agreement.
Liability
A financial obligation or debt that a company owes, which must be settled over time through the transfer of economic benefits including money, goods, or services.
Withdrawing Partner
An individual partner who exits a partnership, thereby receiving their share of the partnership's assets after settling any liabilities.
Accounts Receivable
Money owed to a business by its clients or customers for goods or services delivered but not yet paid for, recorded as an asset on the balance sheet.
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