ACCOUNTING CONCEPTS Match the following terms with their descriptions: se each one once only and make the best match: 1) Measures the overall financial strength of a business in terms of how much of total assets are encumbered by debt. 2) Measures the ability of a business to meet short term obligations as they come due without disrupting the scope of the business. 3) An entry on the left-hand side of a double-entry ledger. 4) An entry on the right-hand side of a double-entry ledge. 5) The difference between business assets and business liabilities. It represents the owner's share of the business. I 6) The difference between revenue and expenses. A Credit B. Debit C. Profit D. Liquidity E Solvency F. Net worth ACCOUNTING CONCEPTS Match the following terms with their descriptions: se each one once only and make the best match: 1) Measures the overall financial strength of a business in terms of how much of total assets are encumbered by debt. 2) Measures the ability of a business to meet short term obligations as they come due without disrupting the scope of the business. 3) An entry on the left-hand side of a double-entry ledger. 4) An entry on the right-hand side of a double-entry ledge. 5) The difference between business assets and business liabilities. It represents the owner's share of the business. I 6) The difference between revenue and expenses. A Credit B. Debit C. Profit D. Liquidity E Solvency F. Net worth