For each of the following descriptions choose the correct term: (a) A company that raises money by issuing shares select a term (b) An accepted set of accounting standards that includes broad principles, procedures, and concepts select a term (c) Obligations to suppliers of goods select a term (d) Amounts due from customers select a term (e) Owner's claims against the residual company's resources select a term (f) Payment of cash for costs incurred in advance of being used select a term (g) A party that a company owes money to select a term (h) Resources owned by a business that have the potential to provide economic benefit select a term (i) The set of accounting standards that all publicly traded enterprises in Canada must follow select a term (j) Results when revenues exceed expenses select a term (k) The cost of assets consumed or services used in a company's ordinary business activities select a term (l) A liability arising when a customer pays in advance of receiving service