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5) Match the following definitions with the terms 1 through 9. Place the letter that identifies the best definition in the blank space next to

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5) Match the following definitions with the terms 1 through 9. Place the letter that identifies the best definition in the blank space next to the term.- + 1 1. Statement of cash flows 2. Events 3. Monetary unit principle- 4. Business entity principle- 5. Revenue recognition principle- 6. Accounting equation- 7. Income statement 8. Expenses 9. Liabilities + *a. The relation between a company's assets, liabilities, and equity. b. Happenings, such as changes in market value, that effect the accounting equation and are reliably measured. *c. The principle that assumes transactions and events can be expressed in money units. d. Describes a company's revenues and expenses along with the resulting net income or loss over a period of time. e. A financial statement that lists cash inflows (receipts) and cash outflows (payments); the cash flows are arranged by operating, investing, and financing activities.- f. Creditor's claims on assets. 'g. The cost of assets or services used to earn revenue. .h. The principle that requires a business to be accounted for separately from its owners. *. The principle that revenue is recorded when earned through providing goods or services. + t

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