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Comments from creditors are helpful to a bank when assessing a would-be borrower’s ____.
character
high interest rates
current liabilities
T accounts
eliminates accounting errors
personal financing
double-entry accounting
Low Documentation Program
What does a business owner or an accountant use to analyze transactions?
character
high interest rates
current liabilities
T accounts
eliminates accounting errors
personal financing
double-entry accounting
Low Documentation Program
What is a benefit of using accounting software for computerized posting?
character
high interest rates
current liabilities
T accounts
eliminates accounting errors
personal financing
double-entry accounting
Low Documentation Program
Less paperwork and a shorter response time are the advantages of applying for a loan through the ____.
character
high interest rates
current liabilities
T accounts
eliminates accounting errors
personal financing
double-entry accounting
Low Documentation Program
When accountants record business transactions, they use a system called ____.
character
high interest rates
current liabilities
T accounts
eliminates accounting errors
personal financing
double-entry accounting
Low Documentation Program
A disadvantage of funding a business with business credit cards is ____.
character
high interest rates
current liabilities
T accounts
eliminates accounting errors
personal financing
double-entry accounting
Low Documentation Program
A home equity loan is an example of ____.
character
high interest rates
current liabilities
T accounts
eliminates accounting errors
personal financing
double-entry accounting
Low Documentation Program
An income statement has all of the following sections EXCEPT ____.
character
high interest rates
current liabilities
T accounts
eliminates accounting errors
personal financing
double-entry accounting
Low Documentation Program
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