Examlex
Which of the following is considered a service?
Bank
A financial institution licensed to receive deposits and make loans, it may also provide financial services such as wealth management, currency exchange, and safe deposit boxes.
Income Statement
A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and profits or losses.
Balance Sheet
An overview document that itemizes a business’s resources, debts, and owner’s equity at a particular date, giving a concise view of its fiscal status.
Trade Credit Discounts
Reductions in the price of goods or services offered to buyers as an incentive to pay earlier than the payment terms require.
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