It Is Possible for Judges to Face Election in

question 60

Multiple Choice

It is possible for judges to face election in

• A)constitutional courts.
• B)legislative courts.
• C)state courts.
• D)the Supreme Court.

---

Definitions:

Partner Capital Accounts

Accounts reflecting the individual investments of partners in a partnership, including their share of profits, losses, and any withdrawals.

Capital Additions

Investments or expenditures made to acquire or improve long-term assets, enhancing the asset value or extending its useful life.

Net Income

The net income of a business once all taxes, costs, and expenses have been deducted from the total revenue.

Debit Capital Balance

Occurs when the sum of debits in a capital account exceeds the sum of credits, indicating the amount invested by the owners into the business.