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Case-Based Critical Thinking Questions Case 1 Hannah has been hired as a graphics consultant to help out a company that is struggling with PowerPoint 2010. They are looking for ways to improve their graphics but maintain a professional appearance to their slide show. She would also like to add a special effect to the arrows to improve their appearance, so she clicks the ____.
Received Cash
Funds that are taken in by the company, often from transactions such as sales, loans, or investments.
Business Entity
An organization created by one or more individuals to engage in business activities, structured as corporations, partnerships, sole proprietorships, or other forms.
Borrowed Money
Funds that an individual or entity has received from another party under the condition that it is to be repaid, typically with interest, at a later date.
Accounting Equation
The fundamental equation of double-entry bookkeeping: Assets = Liabilities + Owners' Equity, depicting a company's financial position at a specific point in time.
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