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Quizlet was founded in October 2005 by Andrew Sutherland, who at the time was a 15-year old student, [2] and released to the public in January 2007. [3] Quizlet's primary products include digital flash cards, matching games, practice electronic assessments, and live quizzes. In 2017, 1 in 2 high school students used Quizlet. [4]
The accounting equation relates assets, liabilities, and owner's equity: Assets = Liabilities + Owner's Equity. The accounting equation is the mathematical structure of the balance sheet. Probably the most accepted accounting definition of liability is the one used by the International Accounting Standards Board (IASB). The following is a ...
A flashcard or flash card is a card bearing information on both sides, usually intended to practice and/or aid memorization. It can be virtual (part of a flashcard software) or physical. Typically, each flashcard bears a question or definition on one side and an answer or target term on the other.
In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.
Anki offers user-made decks, which are commonly used in medical education and for learning a range of subjects including Chemistry, Biology, Geography, History, Law, Mathematics, Music, and Physics. User-made decks are also available for learning languages such as Arabic, Chinese, English, French, German, Hebrew, Japanese, Korean, Russian, and ...
Accrued liabilities and contingent liability; Current liability, or short-term liabilities are obligations that will be settled by current assets or by the creation of new current liabilities; Non-current, or Long-term liabilities, liabilities with a future benefit over a certain period of time (e.g. longer than one year)
A 2016 mapping of 41 countries’ corporate liability systems shows wide variations in approaches to liability, and that corporate liability is a dynamic area of legal innovation and evolution. [ 1 ] The term legal person refers to a business entity (often a corporation, but possibly other legal entities, as specified by law) that has both ...
In the history of chemistry, the chemical revolution, also called the first chemical revolution, was the reformulation of chemistry during the seventeenth and eighteenth centuries, which culminated in the law of conservation of mass and the oxygen theory of combustion.