Match the following words with the six C's of credit: character, collateral, capacity, capital, circumstances, and coverage. * Business environment * Security * Insurance * Equity versus debt * Cash flow * Trust

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter2: Introduction To Financial Statements
Section: Chapter Questions
Problem 11Q: Explain how the following items affect equity: revenue, expenses, investments by owners, and...
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Match the following words with the six C's of credit: character, collateral, capacity, capital, circumstances, and coverage. * Business environment * Security * Insurance * Equity versus debt * Cash flow * Trust
Match the following words with the six C's of credit:
character, collateral, capacity, capital, circumstances,
and coverage.
• Business environment
• Security
• Insurance
• Equity versus debt
Cash flow
• Trust
Transcribed Image Text:Match the following words with the six C's of credit: character, collateral, capacity, capital, circumstances, and coverage. • Business environment • Security • Insurance • Equity versus debt Cash flow • Trust
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