Instructions: Explain/Define the Following Terms

question 49

Essay

Instructions: Explain/Define the following terms.
Miguel Hidalgo y Costilla

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Definitions:

Proprietorship

A business structure owned by a single individual who is responsible for its liabilities and entitled to its profits.

CPA

Certified Public Accountant, a designation awarded to individuals who pass an examination and meet certain education and experience requirements in the field of accounting.

Equities

Financial instruments representing ownership interest in a company, commonly referred to as stocks, which entitle the holder to a share of the company's earnings and assets.

Accounts Receivable

Receivables from customers for goods delivered or services provided by a business, not yet paid for.