Choose from the Terms Listed and Match Them with Their

question 20

Multiple Choice

Choose from the terms listed and match them with their most correct description. You may use the same answer more than once.
-Bone-holding clamp

• A)Hand instrument
• B)Power equipment
• C)Orthopedic implant
• D)Joint replacement implant

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Definitions:

Drawing

Withdrawals of cash or other assets from a business by the owner for personal use, affecting the owner's equity.

Drawing Accounts

Personal accounts of the owners or partners in a business representing withdrawals of the business's assets for personal use.

Revenue Accounts

are ledger accounts that track the income earned by a company from its normal business operations, which is then reported on the income statement.

Expense Accounts

Accounts used in accounting to record all expenses transactions made by a business.