Match Each Account Name to the Financial Statement Section (A-I)

question 122

Multiple Choice

Match each account name to the financial statement section (a-i) in which it would appear.
-Amortization Expense

• A)Current assets
• B)Fixed assets
• C)Intangible assets
• D)Current liability
• E)Long-term liability
• F)Owner's equity
• G)Revenues
• H)Operating expenses
• I)Other revenue and expense

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Definitions:

Social Institutions

Organized structures and systems in society that dictate certain patterns of behavior and relationships, such as family, education, religion, and economy.

Impact

The action of one object coming forcibly into contact with another, or a marked effect or influence of something.

Structure

The arrangement or organization of related elements in a system or entity, often providing stability or support.

Organic

In sociology, describes societies that function like a living organism with complex, interdependent systems; in agriculture, refers to food produced without synthetic pesticides or fertilizers.