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Which of the following best describes the effort to impeach President Clinton?
Capital Balance
The Capital Balance represents the amount of money that owners have invested in a business minus any withdrawals. It indicates the financial stake of the owners in the business.
Profits and Losses
Financial gains or deficits that a business experiences, typically shown in an income statement.
Invests
Invests pertains to the act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit.
Capital Account
A financial statement that shows the changes in a company’s equity throughout a period, from investments, withdrawals, and net income.
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