Please just match the right and left side, no need to explain anything

4 6 () Match the terms with the right definitions. gross profit gross sales [ ) A financial statement that summarizes a firm's revenues and expenses and shows its total profit or loss Ir a period of time The total dollar amount of a company's sales The speed with which an asset can be converted to cash What a firm owes to its creditors, also called debts Long-term assets with no physical existence, such as patents, copyrights, trademarks, and goodwill The amount a company earns after paying to produce or buy its products but before deducting operating expenses income statement intangible assets ( ] liabilities ( ] liquidity [ ] ] 3 6 (-) Match the terms with the right definitions. current liabilities depreciation ( ] The ratio of net profit to the number of shares of common stock outstanding; measures the number of dollars earned by each share of stock A method of accounting in which each transaction is recorded as two entries so that two accounts or records are changed The allocation of an asset's original cost to the years in which it is expected to produce revenues Short-term claims that are due within a year of the date of the balance sheet The financial accounting standards followed by accountants in the United States when preparing financial statements Accounting that focuses on preparing external financial reports that are used outsiders such as lenders, suppliers, investors, and government agencies to assess the financial strength double-entry bookkeeping earnings per share (EPS) ( ] financial accounting [ ) generally accepted accounting principles (GAAP) ]