The Shipbuilding Facility in Fifteenth-Century Venice Resembled ________

question 65

Multiple Choice

The shipbuilding facility in fifteenth-century Venice resembled ________.

• A)an auto assembly line
• B)how Silicon Valley workers design new software
• C)how handmade sweaters are knitted
• D)how a chef makes a superb pasta dish

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Definitions:

Owner's Capital Account

An account on a company's balance sheet that represents the owner's investment and retained earnings in the business.

Credit Balance

This represents the amount that a company or individual owes to creditors; in accounting, it indicates a balance on the right side of a ledger.

Owner's Drawings Account

A specific account used to track the withdrawals made by the owner from the business for personal use, rephrased from

Owner's Equity

The remaining value of an entity's assets after all debts have been subtracted, indicating the stake of shareholders or owners in the company.