Help Save & Exit 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 Economies to be dormed into cash within your B. Reports and Sockholders Gractions are accounted for spory from the transactions of the owner D. decreases and stockholders uity E. An exchange betty and other parties F The concept a businesses will be in the forest Decrease increase in storey H The concept that we should be recorded at the amount paid on the charge date A standard ford to come data waported on financial statements Amourowed from customers Thunder scoring model Leger the shared par The account is credided when money is borrowed from a bank N The concerts that accounting information should be more internal monetary wito for changes in purchase power octive coming of company that are noted to the owner Pertigation to be seed worrie Or waar het effect on the Financing provided by one and by users The core and more Tomtare un koncerto corded in the most cost s poched to be cabeyond the We should be complemento X Angeles MACRON Check my work ded. There should be only one Ect" if there is no term for the Term Account Accounts receivable Assets = Liabilities + Stockholders' Equity Balance sheet Common stock y unit without Next There should be only one there is no term for the Term Current assets Debits Dual effects Faithful representation Going concern assumption without Next There should be only one there is no term for the Term Liabilities Monetary unit assumption None of these are correct Notes payable Par value without ere should be only one ere is no term for the Term Relevance Retained earnings Separate entity assumption Stockholders' equity Transaction hout History Bookmarks People Tab Window Help W Blackboard Learn Launch Meeting - Zoom X Question 2 - AC 211 ucation.com/ext/map/index.html?_con=con&external_browser=0&launchurl=https%253A%252F%252Fnewconne Saved . Economic resources to be used or turned into cash within one year. B Reports assets, liabilities, and stockholders' equity c. Business transactions are accounted for separately from the transactions of the owners. D. Increase assets; decrease liabilities 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 assets; increase liabilities and stockholders' equity H The concept that assets should be recorded at the amount paid on the exchange date 1 A standardized format used to accumulate data about each item reported on financial statements. J. Amounts owed from customers. K The fundamental accounting model. L. Represents the shares issued at par value. M. The account that is credited when money is borrowed from a bank N The concept that states that accounting information should be measured and reported in the national monetary unit without adjustment for changes in purchasing power 0. Cumulative earnings of a company that are not distributed to the owners Probable debts or obligations to be settled with assets or services. 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 or understate liabilities and expenses T Useful information has predictive and feedback value. U. Relatively small amounts not likely to influence users decisions are to be recorded in the most cost-beneficial way. V Probable economic resources expected to be used or turned into cash beyond the next 12 months W. Useful information should be complete, neutral, and free from error
