Accountıng I Deneme Sınavı Sorusu #1313742
What are the sources of financing a business?
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Companies have two finance sources for their assets. They are liabilities and owner’s equity. |
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The sources of financing a business is owner’s equity. |
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The sources of financing a business is non-current liabilities. |
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The sources of financing a business is non-current assets. |
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The sources of financing a business isthe cash, and cash equivalents. |
Companies have two finance sources for their assets. They are liabilities and owner’s equity. Sources are classified according to their maturity dates on the balance sheet: from short-term maturity dates to owner’s equity which has an indefinite maturity date. Liabilities are the existing debts of the company. They are classified as current liabilities and non-current liabilities.
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