Matching Questions Match Each Term with Its Definition

question 69

Multiple Choice

Matching Questions
match each term with its definition:
-chronospecies

• A)a group of organisms defined by their ability to interbreed
• B)a group of organisms defined by arbitrary divisions of an evolutionary line
• C)a group of organisms defined in terms of morphological variation

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Definitions:

Debit Accounts

Accounts that are increased by debits and decreased by credits, commonly including assets and expenses.

Credit Accounts

Financial accounts that track money owed to creditors; they increase with credit entries and decrease with debit entries, reflecting the entity's borrowing of funds.

Accounting Equation

The fundamental equation of double-entry bookkeeping, stating that Assets = Liabilities + Equity.

Debit And Credit

A fundamental concept in accounting that describes the two sides of every financial transaction; debits increase assets or decrease liabilities, while credits decrease assets or increase liabilities.