Examlex
What is the correct classification for the alcohol shown below?
Personal Credit Card
A financial tool issued by banks allowing individuals to borrow funds for purchases, subject to repayment with interest.
Business Transaction
An economic event or condition that directly affects a company's financial statements.
Lawn Service
A type of business that provides maintenance services for lawns, such as mowing, fertilizing, and weed control.
Note Payable
A written promise to pay a specified amount of money, typically with interest, at a future date.
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