Accounting 2401 - Notes - Creditors: Lend money and...

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Notes – Accounting 2401 Chapter 1 Market: A group of people or entities organized to exchange items of value. Financial Resources: Money used to start and operate a business. Investors: Provide financial resources to a business in exchange for a share of the profits.
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Unformatted text preview: Creditors: Lend money and resources to a business. But instead of money they expect businesses to repay borrowed resources at a future date....
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This note was uploaded on 11/17/2011 for the course ECONOMICS 103 taught by Professor Tohmass during the Spring '11 term at University of Houston-Victoria.

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