True or False 1. One of the company's sources of funds is its own accumulated earnings.  2. In a debt equity, there exists a debtor and creditor relationship.  3. Supplier's credit as a source of fund is advantageous both to the debtor and the creditor.  4. One can open a deposit account with a lending institution.

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter1: Introduction To Business Activities And Overview Of Financial Statements And The Reporting Process
Section: Chapter Questions
Problem 7Q
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True or False

1. One of the company's sources of funds is its own accumulated earnings
2. In a debt equity, there exists a debtor and creditor relationship. 
3. Supplier's credit as a source of fund is advantageous both to the debtor and the creditor. 
4. One can open a deposit account with a lending institution. 

5.

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