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Who said, "To educate a person in mind and not in morals is to educate a menace to society"?
Owner's Equity
After settling all obligations, the balance of an entity's assets stands as a representation of the shareholder or owner's equity.
Additional Investments
Funds or assets that an investor or business owner contributes to a business beyond the initial investment, to support operations or expansion.
Net Loss
The amount by which total expenses exceed total revenues in a given period, indicating financial loss.
Accounts Payable
Liabilities to suppliers or creditors for goods, supplies, or services purchased on credit.
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