1, The seeds of accounting were most-likely first sown in the city of Babylon around 4000 B.C. when record keeping probably began in this civilized area.
2, It was beautifully prepared and contains elaborate explanations to prove that the science was highly appreciated in the 17th century.
3, He may have a difficult time obtaining debt financing unless to the extent he can pledge personal assets on a secured loan.
4, The partners raise equity funds through their own capital contributions by adding a new partner,or by restructuring the relative ownership interests of the existing partners to reflect new contributions.
5, A corporation is regarded,in law,as having a personality and existence entirely distinct from that of its owners.