Consider the following terms and definitions: Requirement 1.Match the terms with their correct definitions. TERMS: 1. Proprietorship

Consider the following terms and definitions:

Requirement 

1.Match the terms with their correct definitions.

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TERMS: 1. Proprietorship 2. Reliability principle 3. Partnership 4. Stock 5. Limited liability 6. Limited Liability Company 7. Cost principle 8. FASB 9. Net loss of $25,000 DEFINITIONS: A. One of the chief advantages of a corporation. B. Holds that accounting records should continue reporting the historical cost of an asset over its useful life C. Stands for Financial Accounting Standards Board D. For this entity, from a legal perspective, the business is the proprietor E. Also called the objectivity principle F. Revenues of $80,000 and expenses of $105,000 G. Joins two or more individuals as co-owners H. A corporation's unit of division of ownership I. Owners are referred to as members