Match the Letter of Each Element with the Appropriate Definition

question 20

Multiple Choice

Match the letter of each element with the appropriate definition.
-The residual interest in the assets of an entity after deducting its liabilities.

• A)Assets
• B)Liabilities
• C)Equity
• D)Investments by owners
• E)Distribution to owners
• F)Comprehensive income
• G)Revenues
• H)Expenses
• I)Gains
• J)Losses

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Definitions:

Lycopodiophyta

A division of vascular plants known as clubmosses that exhibit early characteristics of plant evolution such as microphyll leaves.

Bryophyta

A division of non-vascular plants that includes mosses, liverworts, and hornworts, characterized by a life cycle dominated by the gametophyte stage.

Hepaticophyta

A division of non-vascular plants known as liverworts, which are small, herbaceous, and often live in moist environments.

Anthocerophyta

Anthocerophyta is a phylum consisting of hornworts, a group of non-vascular plants that are characterized by their horn-like sporophytes and a simple, thalloid gametophyte.