Match the Terms with the Definitions

question 21

Multiple Choice

Match the terms with the definitions.
-The third pair of amount columns on the work sheet.Used to prove the equality of the debits and credits in the general ledger accounts after making all end-of-period adjustments.

• A)Adjusted Trial Balance columns
• B)Adjusting entries
• C)Balance Sheet columns
• D)book value
• E)contra-asset
• F)depreciable cost
• G)depreciation
• H)fiscal year
• I)historical cost principle
• J)Income Statement columns
• K)market value
• L)matching principle
• M)plant assets
• N)salvage value
• O)straight-line method
• P)undepreciated cost
• Q)useful life
• R)work sheet

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Definitions:

Share Price

The cost of a single share of a company's stock, determined by market demand and supply.

Raise Funds

The process of gathering financial resources from various sources to support a particular project, venture, or cause.

Optimistic

A disposition or belief that good things will happen and that investment risks are more likely to result in positive outcomes.

Risk-Return Trade-Off

The principle that potential return on investment increases with the amount of risk undertaken in the investment.