Match the Terms Below with the Correct Definitions

question 79

Multiple Choice

Match the terms below with the correct definitions.
-A business enterprise, separate and distinct from the person who supplies its assets (economic unit in itself)

• A)Creditor
• B)Fundamental accounting equation
• C)Expenses
• D)Accounts
• E)Owner's equity
• F)Accounts receivable
• G)Asset
• H)Cash
• I)Business entity

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Definitions:

Pentagons

A geometrical figure with five sides and five angles.

Sides

The distinct, straight or curved boundaries that outline the shape of a geometric figure, object, or area.

Universal

A term or concept that is applicable in all cases or situations, without exception.

Affirmative

A response or statement that confirms or supports the truth of a proposition.