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Match the Terms with Their Correct Meanings

question 54

Multiple Choice

Match the terms with their correct meanings.

-Functional unit of the kidney; about one million in each kidney


Definitions:

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

Business Owner

An individual who owns and oversees the operation of a company or enterprise.

Equity

The value of an ownership interest in property, including shareholders' equity in a corporation, which represents assets minus liabilities.

Asset

Resources owned by an individual or business that have value and can be used to meet debts, commitments, or legacies.

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