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For unexpected costs, businesses often use ____.
character
double-entry accounting
a venture capital firm
personal financing
T accounts
net income
a line of credit
reserve funds
When accountants record business transactions, they use a system called ____.
character
double-entry accounting
a venture capital firm
personal financing
T accounts
net income
a line of credit
reserve funds
Money used to expand a business comes out of ____.
character
double-entry accounting
a venture capital firm
personal financing
T accounts
net income
a line of credit
reserve funds
Which term refers to the amount of revenue that remains after expenses for the period are subtracted from profits?
character
double-entry accounting
a venture capital firm
personal financing
T accounts
net income
a line of credit
reserve funds
Comments from creditors are helpful to a bank when assessing a would-be borrower’s ____.
character
double-entry accounting
a venture capital firm
personal financing
T accounts
net income
a line of credit
reserve funds
A home equity loan is an example of ____.
character
double-entry accounting
a venture capital firm
personal financing
T accounts
net income
a line of credit
reserve funds
What does a business owner or an accountant use to analyze transactions?
character
double-entry accounting
a venture capital firm
personal financing
T accounts
net income
a line of credit
reserve funds
Which source of funding expects to have a major voice in a business’s decisions?
character
double-entry accounting
a venture capital firm
personal financing
T accounts
net income
a line of credit
reserve funds
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