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Match Each Definition in the First Column to the Correct

question 53

Multiple Choice

Match each definition in the first column to the correct term in the second column.
-Tom has begun to see a yellowish haze out of one eye so he may have this common vision problem.


Definitions:

Insurance Policy

A contract between an insurer and an insured, detailing the terms and conditions under which the insurer agrees to compensate the insured for specific losses.

T Accounts

A graphic representation of a journal entry in accounting, shaped like a "T", showing debits on the left and credits on the right.

Fees Earned

Income received from services provided, rather than from the sale of goods.

Normal Balance

The side (debit or credit) where an account increases in accordance with double-entry bookkeeping.

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