Ethics Financial accounting GAAP Limited liability Managerial accounting Partnership Separate legal entity Unlimited liability Required: Match...

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Ethics Financial accounting GAAP Limited liability Managerial accounting Partnership Separate legal entity Unlimited liability Required: Match each term in the above alphabetized list to the corresponding description below. a. b. C. d. e. f. g. h. The owners pay tax on the business's net income. Accounting standards followed by publicly traded companies in the United States. Rules that guide us in interpreting right from wrong. Accounting aimed at communicating information to external users. Accounting aimed at communicating information to internal users. The business is distinct from its owners. The owner(s) are not responsible for the debts of the business. If the business is unable to pay its debts, the owner(s) are responsible. Ethics Financial accounting GAAP Limited liability Managerial accounting Partnership Separate legal entity Unlimited liability Required: Match each term in the above alphabetized list to the corresponding description below. a. b. C. d. e. f. g. h. The owners pay tax on the business's net income. Accounting standards followed by publicly traded companies in the United States. Rules that guide us in interpreting right from wrong. Accounting aimed at communicating information to external users. Accounting aimed at communicating information to internal users. The business is distinct from its owners. The owner(s) are not responsible for the debts of the business. If the business is unable to pay its debts, the owner(s) are responsible.