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  3. Study Set
    Principles of Accounting Study Set 2
  4. Exam
    Exam 5: The Balance Sheet Statement of Financial Position
  5. Question
    A Balance Sheet Shows That a Business Is Funded By
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A Balance Sheet Shows That a Business Is Funded By

Question 7

Question 7

Multiple Choice

A Balance Sheet shows that a business is funded by:


A) Capital introduced by the owner
B) Money borrowed from outsiders
C) Retained profits from the current and prior years
D) All of the above

Correct Answer:

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