The______ is a possible obligation that arises from past transactions or events and whose existence will be confirmed only by the occurrence or non-occurrence of uncertain future events.
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The ______ is established to make small cash payments, so that checks need not be written every time.
The ______ is like a proprietorship in most ways except that it has more than one owner.
Equity can also be called as Net asset. ( )
The ending Cash account balance is ¥43 200. During the period, cash receipts equal ¥93 225. If the cash payments during the period total ¥101 325, then the beginning Cash amount must have( )
A. ¥51 300
B. ¥35100
C. ¥136425
D. Cannot be determined from the information given.