Match the Terms with the Definitions

question 77

Multiple Choice

Match the terms with the definitions.

-The amount by which the business assets exceed the business liabilities.

• A) account
• B) accounts payable
• C) accounts receivable
• D) accounting equation
• E) assets
• F) balance sheet
• G) business entity
• H) business entity concept
• I) business transaction
• J) drawing
• K) expenses
• L) income statement
• M) liability
• N) net income
• O) net loss
• P) notes payable
• Q) owner's equity
• R) revenues
• S) statement of owner's equity

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Definitions:

Interacting Much

Engaging in frequent or considerable interaction with others.

Trust

Confidence or reliance on the integrity, strength, ability, or character of a person or thing.

Self-Awareness Skills

The ability to recognize and understand one's own emotions, thoughts, behaviors, and their effects on others.

Human Services Program

A coordinated course of study or services designed to prepare individuals to meet the emotional, social, and physical needs of communities, including counseling, social work, and welfare support.