Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
5 Cards in this Set
- Front
- Back
|
Define Proprietorship
|
unincorporated business owned by one individual
|
|
|
Define Revenue
|
inflow of assets in exchange for goods and service
|
|
|
Define Shareholders/Stockholders
|
people who have invested in a company and have been given a bond that represents their stake in the company
|
|
|
Define Transaction
|
raw material of the account system involving an equal exchange of value
|
|
|
Define Unlimited Liability
|
owners are personally liable for debts of the business
|
