Give the Definition of the Symbol

question 8

Multiple Choice

Give the definition of the symbol .

• A) is less than or equal to
• B) is not equal to
• C) is greater than
• D) is greater than or equal to
• E) is less than

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Definitions:

Balance Sheet

A financial statement that displays a company's assets, liabilities, and stockholders' equity as of a specific date, showing the company's financial position.

Sole Proprietorship

A business structure owned by a single individual, where the owner and the business are legally considered the same.

Drawing Account

An account used to record the amounts withdrawn by an owner from the business for personal use.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.