4. Number the following items in the order of their usual appearance on a balance sheet: Retained earnings 1. 2. Cash 3. Inventory 4. Contributed Capital 5. Fixed assets 6. Long-term liabilities 7. Accounts payable 8. Accounts receivable 5. Match the definitions with the proper accounting terms: Materiality 1. 2. Cash basis 3. Matching 4. Going concern 5. Accrual basis 6. Cost 7. Journal 8. Amortization 9. A. Control account 10. Accrued income 11. Prepaid expenses 12. Deferred income 13. Accrued expense 14. Contingent liability An expense that has been recorded but not yet paid. B. Supported by a subsidiary ledger. C. A book of original entry. D. The principle of recording expenses in the same time period as their related revenues. E. Income earned but for which cash has not yet been received. F. Expenditures which will be charged to operations in future periods. H. G. The principle which prohibits writing assets up to their appraised or estimated value. A method of accounting that records income when received and expenses when paid. The assumption that the accounting entity will not be dissolved in the near future. I. J. Revenue received in advance of services being performed or merchandise being shipped. K. The systematic allocation of an asset to periodic expense. L. A method of accounting that records revenues and expenses as they are earned or incurred. M. Debts which have not been recorded due to uncertainty as to their existence and/or amount. N. A concept that permits exception to an accounting principle for insignificant items.