Question: Identify the element, and whether it is point-in-time or period-of-time. Match each definition to an element, then match the same definition that relates to the


Identify the element, and whether it is point-in-time or period-of-time. Match each definition to an element, then match the same definition that relates to the element as a point in time or period of time. Your response should model the table below: Increases in equity (net assets) from peripheral or incidental transactions and from all other transactions and other events and circumstances affecting the entify with the exception of revenues or investments by owners. Increases in equity (het assets) from peripheral or incidental transactions and from all other transactions and other events revende or invegtmente by owners. Increases in equity (net assets) from peripheral or incidental transactions and from all other transactions and other events and circumstances affecting the entity with the exception of revenues or investments by owners. Probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events. Probable future economic benefits obtained or controlled by a particular entity as a result of past transactions or events. Increases in equity resulting from tranfers to it from other entities of something valuable to obtain or increase ownership interests (or equity) in it: Increases in equity resulting from transfers to it from other entities of something valuable to obtain or increase ownership interests (or equity) in it. Outflows or other consumption of assets, incurrence of liabilities, or both - from dellvering or producing goods. rendering services; or carrving out other activities that constitute the company's ongoing major or central operations. Outtlows or other comsumption of assets, incurrence of fiabilities, or both - from delivering or producing goods. rendering services, or carrying out other activities that constitute the companys ongoing major or central operations
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