Question

Match each account type with its description.
Account Classifications
1. ________ Assets
2. ________ Liabilities
3. ________ Stockholders’ equity
4. ________ Dividends
5. ________ Revenues
6. ________ Expenses
Descriptions
a. Amounts earned from sales of products or services.
b. Owners’ claims to resources.
c. Distributions to stockholders.
d. Costs of selling products or services.
e. Resources owned.
f. Amounts owed.



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  • CreatedJuly 15, 2014
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