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4 Written questions

4 Multiple choice questions

  1. Shows the Net Income or the Net Loss for the business
  2. Demand Deposit
  3. Allows depositors to write checks rather than pay bills with cash.
  4. Statement of Financial Position

3 True/False questions

  1. Budgeta financial plan extending ususally for one-year.

          

  2. Checking AccountProfit and loss statement

          

  3. Balance Sheeta financial statement that lists assets, liabilities, and capital of a business.

          

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