Check Match each definition with its related term by selecting the appropriate term in the dropdown provided. There should be only one definition per term (that is, there are more definitions than terms). (Select "None of these are correct" If there is no term for the "Definition") Definition A Economic resources to be used or turned into cash within one year B Reports assets, liabeties, and stockholders equity C Business transactions are accounted for separately from the transactions of the owners D. Increase assets, decrease abilities and stockholders' equity E. An exchange between an entity and other parties F. The concept that businesses will operate into the foreseeable future G Decrease assetsincrease abilities and stockholders equity H The concept that assets should be recorded at the amount paid on the exchange date A standardized format used to accumulate data about each om reported on financial statements J Amounts owed from customers K The fundamental accounting model Represents the shares issued at par value. M The account that is credited when money is borrowed from a bank The concept that states that accounting information should be measured and reported in the national monetary unit without ustment for changes in purchasing power O Cumulative aming of a company that are not able to the owners P Probabil de orobations to be sold with storico Q. Every transaction has at least two effects on the accounting equation R Financing provided by owners and by business operations S. The concept to exercise care not to overstate assets and revenues of understate labilities and expenses T Useful information has predictive and feedback value U Relatively small amounts not likely to influence usor decisions are to be recorded in the most cost-beneficial way V. Probable economic resources expected to be used or fumed into cash beyond the next 12 months Useful information should be complete, neutral and free from error W Prev 1 of 5 Next >