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Small Business Management: An Entrepreneur's Guidebook 6th Edition by Mary Jane Byrd, William Megginson, Leon Megginson
Edition 6ISBN: 978-0071244640Small Business Management: An Entrepreneur's Guidebook 6th Edition by Mary Jane Byrd, William Megginson, Leon Megginson
Edition 6ISBN: 978-0071244640 Exercise 14
Explain each of the following: (a) assets, (b) current assets, (c) fixed assets, (d) liabilities, (e) current liabilities, (f) long-term liabilities, (g) owners' equity, (h) retained earnings, (i) income (profit and loss) statement, (j) balance sheet, and (k) profit.
Explanation
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The financial management of a firm signi...
Small Business Management: An Entrepreneur's Guidebook 6th Edition by Mary Jane Byrd, William Megginson, Leon Megginson
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