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:

Melanie Klein

A psychoanalyst known for her work in child psychology and psychoanalysis, particularly for her theoretical contributions on object relations theory.

Destructive

Destructive refers to causing damage or harm in a manner that leads to the deterioration or annihilation of something.

Psychotic

Pertaining to psychosis, a severe mental disorder in which thought and emotions are so impaired that contact is lost with external reality.

Idealizes

The act of envisioning or depicting someone or something in an ideal form, often overlooking flaws or realities.