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To raise the funds for the major improvements needed at the funeral home, Mort has talked to two investors about incorporating his business and selling them shares of stock in the company. Mort is considering the use of
Revenues
The total amount of money earned by a company from its normal business activities, typically from the sale of goods and services to customers.
Trial Balance
A financial worksheet where all ledger balances are totaled into debit and credit columns which balance equally.
Office Supplies
Items used in offices for daily operations, such as stationery, paper clips, and staplers.
Accounts Receivable
The amount of money owed to a business by its customers for goods or services delivered but not yet paid for.
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