​Match the Accounting Terminology with Its Definition and Example

question 53

Multiple Choice

​Match the accounting terminology with its definition and example.Note: Answers may be used more than once.
-​The ownership claim on total assets

• A)accounts payable
• B)​assets
• C)​corporation
• D)​cost
• E)​economic entity assumption
• F)​liabilities
• G)​market value
• H)​monetary unit assumption
• I)​note payable
• J)​(paid-in)capital
• K)​partnership
• L)​proprietorship
• M)​retained earnings
• N)stockholders' equity

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Definitions:

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A disease that can develop from untreated strep throat or scarlet fever, leading to inflammatory issues in various body parts including the heart.

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Inflammation of the colon.

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A contagious bacterial infection that primarily affects the lungs but can spread to other organs.

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