Examlex
Which of the following is an incorrect match?
Accounts Payable
Refers to short-term obligations or debts a company owes to its suppliers or creditors for goods and services received.
Financial Statements
Comprehensive reports created to provide insight into a company's financial condition, performance, and cash flow, inclusive of the balance sheet, income statement, and cash flow statement.
Stockholders' Equity
The ownership interest of shareholders in a corporation, calculated as total assets minus total liabilities.
Contributions
Monetary or other forms of aid provided by donors to organizations which could include grants, donations, or specific asset gifts.
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