Match the accounting terms at the left with the corresponding definitions at the right.
_______ 1. Account
_______ 2. Assets
_______ 3. Stockholders’
_______ 4. Expenses
_______ 5. Liabilities
_______ 6. Revenues
_______ 7. Transactions
a. Any economic event that has a financial impact on the business
b. The detailed record of the changes in a particular asset, liability, or stockholders’ equity
c. Economic resources that provide a future benefit for Equity a business
d. Debts or obligations of a business
e. Stockholders’ claim to the assets of a corporation
f. Increases in stockholders’ equity from selling goods or services to customers
g. Decreases in stockholders’ equity from using resources to sell goods or services

  • CreatedApril 29, 2014
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