An Example of a Value-Added Reseller (VAR)is a Computer Dealer

question 9

True/False

An example of a value-added reseller (VAR)is a computer dealer that adds software to the hardware it sells.

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Definitions:

Uniform Partnership Act

Laws enacted in most states that govern how a partnership is formed, operated, and liquidated.

John Partner's, Capital

Represents the account on a balance sheet indicating the value of an owner's (John Partner, in this case) interest in the business.

Cash

A form of currency that includes coins and currency notes, used as a medium of exchange.

Accounts Payable

A liability on a company's balance sheet representing the amounts due to suppliers by the business.