Examlex
The country expected to have the largest population increase by 2050 is
Accounting Equation
The foundational principle of accounting that states assets equal liabilities plus equity.
Accounts Payable
Liabilities representing amounts owed by a company to creditors for purchases of goods and services on credit.
Limited Liability Company (LLC)
A business form consisting of one or more persons or entities filing an operating agreement with a state to conduct business with limited liability to the owners, yet treated as a partnership for tax purposes.
Separate Legal
Refers to a legal entity, such as a corporation, that is legally distinct from its owners.
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