Match the Term with Its Definition

question 179

Multiple Choice

Match the term with its definition.(There are more definitions than terms. )
-Credit

• A)A summary of account names and numbers.
• B)A simplified version of an account in the General Ledger.
• C)Compares balance sheet items from two different time periods.
• D)When a dollar value is assigned to an item recorded in the accounting system.
• E)A journal entry that lowers the balance of the account.
• F)An amount that is posted on the left side of a T-account or ledger.
• G)The concept that a company must keep separate accounts by time period.
• H)An amount that is posted on the right side of a T-account or ledger.
• I)Assets are initially recorded at the amount paid to acquire them.
• J)When journal entries are recorded in the appropriate T-account or ledger.
• K)When a company's balance sheet has been verified by an outside auditor.
• L)The principle that a company should use the least optimistic measure,when uncertainty exists.
• M)The concept that any transaction must have at least two effects on the accounting equation.
• N)The mechanism used to record each transaction in the General Journal.

---

Definitions:

Body Fluids Osmolality

A measure of the solute concentration in body fluids, important for maintaining proper osmotic balance across cell membranes.

Buffering

The process by which pH is regulated and maintained within living organisms, preventing harmful shifts in acidity or alkalinity.

Ammonia

A compound of nitrogen and hydrogen (NH3) that is a colorless gas with a pungent smell, used widely in industry and produced naturally in the body as a byproduct of amino acid metabolism.

Bicarbonate Ions

A negatively charged ion that acts as a significant component of the bicarbonate buffer system, helping to maintain pH balance in blood and other bodily fluids.