Match the Following Terms and Definitions

question 227

Short Answer

Match the following terms and definitions.
a. Accounts receivable
b. Creditor
c. Accounts payable
d. Note payable
_______ (1) Amounts due from customers
_______ (2) Amounts owed to suppliers for goods and services purchased
_______ (3) Amounts owed to bank
_______ (4) Party to whom money is owed

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Definitions:

Juvenile Crime

Illegal activities committed by individuals under the age of majority, often considered less severe than adult crimes but dealt with in a separate juvenile justice system.

Criminal Justice

A system comprising institutions and practices aimed at upholding social control, deterring and mitigating crime, and sanctioning those who violate laws with criminal penalties and rehabilitation efforts.

Delinquent

Referring to behaviors that are in violation of legal or social norms, often used in the context of juvenile crime.

Age of 13

The age at which a person transitions from childhood to teenage years, often marked by the beginning of adolescence.