-Based on the Transactions in the Above Table, What Is

question 246

Multiple Choice

-Based on the transactions in the above table, what is the change in the U.S. financial account?

• A) $9,800
• B) $10,000
• C) -$20,000
• D) -$20,200

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Definitions:

Proprietorships

Business entities owned by a single individual, who has full control over operations and takes on the liabilities of the business personally.

Services

Activities that provide value to customers without producing tangible goods, often characterized by expertise, advice, or labor.

Fraudulent Acts

These refer to intentional deceptions made for personal gain or to harm another individual, often illegal and punishable under law.

Ethical Lapses

Instances where individuals or organizations violate moral principles, often leading to a loss of trust or legal consequences.