1- Match each of the statements below with its proper term. (10 points) Assets B. Current Liabilities Ethics D. Income statement E Liabilities F. Dividends G. Uneamed revenue HT account + Prepaid expenses Je Chart of accounts Corporation L. Current assets M. Note receivable . Fixed assets Accrued expenses P. Debit balance Q. Adjusted trial balance R. Accrued revenues 9. Book value Depreciation 1. Are distribution or earnings to stockholders 2. Are debts owned to outsiders (creditors) 3. Items that have been initially recorded as assets but are expected to become expenses over time 4. Physical resources that are owned and used by a business and are permanent or have long life 5. A summary of revenues and expenses for a specific period of time, such as a month or a year 6. Cash and other assets that are expected to be converted in cash, or sold or used up within one year or less 7. Are resources owned by the business entity 8. A list of accounts in the ledger is called 9. The portion of the cost of a fixed asset that is recorded as an expense each year of its useful life 10. After all adjusting entries have been posted, another trail balance is prepared; it is called 11. The normal balance of the cash account 12. A liability created by receiving revenue in advance 13. The simplest form of an account 14. The difference between fixed assets and its accumulated depreciation. 15. Revenues that have been earned but have not been recorded 16. Moral principle that guide the conduct of individuals 17. A business organized under state or federal statutes as a separate legal entity 18. Liabilities that will be due one year or less 19. A customer's written promise to pay an amount and possible interest at an agree-upon date 20. Expenses that have been incurred but not recorded in the accounts