Question: Match the terms ( identified as a through g ) with the definitions and phrases. For example the term a . Assets matches with definition,

Match the terms (identified as a through g) with the definitions and phrases. For example the term a. Assets matches with definition, "Economic resources that will be used by a business to produce revenue."
Term Definitions and Phrases
a. Assets Economic resources that will be used by a business to produce revenue.
b. Common Stock
c. Creditors Individuals or institutions that have loaned goods or services to a business.
d. Liability An obligation to pay cash in the future.
e. Retained Earnings Assets Liabilities Common Stock.
f. Stockholders Individuals or institutions that have contributed assets or services to a business in exchange for an ownership interest in the business.
g. Stockholders Equity Common Stock + Retained Earnings.

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