Examlex
Identify and state the historical significance of the following:
-yellow press
Assets
Economic resources or valuable items owned by a business, capable of being converted into cash or used in generating revenue.
Liabilities
Financial obligations a company owes to outside parties, such as loans or accounts payable.
Furniture
Movable articles intended to support various human activities such as seating, eating, and sleeping, often used to outfit a living or working space.
Cash
Money in the form of currency that can be used immediately for transactions, considered the most liquid asset.
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