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Which of the Following Items May Be Included on All

question 92

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Which of the following items may be included on all balance sheets at yahoo! Finance,even though they may not be part of an individual company's balance sheet for that year?

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Definitions:

Principal Debtor

The primary individual or entity responsible for repaying a debt or obligation in a lending agreement.

Certificate of Title

A legal document that provides proof of ownership of a piece of property, such as land or a vehicle.

Perfection

The legal process of securing a claim or interest in a borrower's collateral, making it enforceable against third parties.

Financing Statement

A document filed to give public notice of a security interest in personal property, securing payment or performance of an obligation.

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