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  3. Study Set
    Understanding Business
  4. Exam
    Exam 17: Understanding Accounting and Financial Information
  5. Question
    One Important Source of Financing for Most Small Businesses Is
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One Important Source of Financing for Most Small Businesses Is

Question 313

Question 313

True/False

One important source of financing for most small businesses is the owner's savings. If the owner contributes money to the business from his/her personal savings, it will be recorded in the owners' equity account on the balance sheet.

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