One Important Source of Financing for Most Small Businesses Is

question 41

True/False

One important source of financing for most small businesses is the owners savings.If the owner contributes money to the business from his/her personal savings,it will be recorded in the Owner's Equity account on the balance sheet.

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Definitions:

Concern for Aspirations

The attention or regard given to understanding and valuing someone's hopes, dreams, or goals.

Perception of Common Ground

The understanding or belief shared among individuals or groups regarding mutual interests or values.

Probability

The likelihood or chance of an event happening, often expressed as a number between 0 and 1.

Surviving

The act of continuing to live or exist, especially in spite of difficult conditions or circumstances.