Match the Terms with the Definitions

question 7

Multiple Choice

Match the terms with the definitions.

-Withdrawals that reduce owner's equity as a result of the owner taking cash or other assets out of the business for personal use.

• A) account
• B) accounts payable
• C) accounts receivable
• D) accounting equation
• E) assets
• F) balance sheet
• G) business entity
• H) business entity concept
• I) business transaction
• J) drawing
• K) expenses
• L) income statement
• M) liability
• N) net income
• O) net loss
• P) notes payable
• Q) owner's equity
• R) revenues
• S) statement of owner's equity

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Definitions:

Carboxylation

The chemical process of adding a carboxyl group (-COOH) to a molecule, often important in biosynthetic pathways.

Carboxylic Acid

Organic compounds containing a carboxyl group (-COOH), characterized by their acidic properties and widespread occurrence in nature.

13C NMR Spectrum

A representation of the nuclear magnetic resonance of carbon-13 atoms within a molecule, revealing the distinct chemical environments of carbon atoms.

Carbonyl Carbon

The carbonyl carbon is the carbon atom of a carbonyl group (C=O), doubly bonded to an oxygen atom and bonded to two other atoms or groups, which can vary depending on the specific carbonyl compound (e.g., aldehydes, ketones).