One Important Source of Financing for Most Small Businesses Is

question 313

True/False

One important source of financing for most small businesses is the owner's savings. If the owner contributes money to the business from his/her personal savings, it will be recorded in the owners' equity account on the balance sheet.

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Definitions:

Conditions

Specific circumstances or factors affecting the way in which people live or work, especially with regard to their safety or well-being.

Organizations

Structured groups of people who work together to achieve shared goals or fulfill a specific purpose.

Supervisors

Individuals who have the authority and responsibility to oversee and direct the work of others in a workplace setting.

Adjusting

The process of adapting or changing one’s behavior, thoughts, or attitudes to better suit new conditions or environments.