Here is a list of words or phrases discussed in this chapter:

1. Accounts payable 5. Corporation 2. Creditor 6. Common stock 3. Stockholder 7. Accounts receivable 4. Partnership 8. Auditor's opinion

\section*{Instructions}

Match each word or phrase with the best description of it. \(\qquad\)

(a) An expression about whether financial statements are presented in a reasonable fashion

(b) A business enterprise that raises money by issuing shares of stock

(c) The portion of stockholders' equity that results from receiving cash from investors

(d) Obligations to suppliers of goods

(e) Amounts due from customers

(f) A party to whom a business owes money

(g) A party that invests in common stock

(h) A business that is owned jointly by two or more individuals but that does not issue stock