Instructions Match each term with the best description that follows: Couponon A comparty that raises money by issuing shares O An accepted set of accounting standards that inciu et of accounting standards that includes broad principles, procedures, and concepts Obligations to suppliers of goods A Amounts due from customers A Owner's claims against the residual company's resources Payment of cash for costs incurred in advance of being used A party that a company owes money to a 1 Resources owned by a business that have the por ces owned by a business that have the potential to provide economic benefit 7 et of accounting standards that all publicly traded enterprises in Canada must follow Results when revenues exceed expenses 0 e cost of assets consumed or services used in a company's ordinary business activities - A liability arising when a customer pays in advance of receiving service wity for money to cueductor benefit Assent Deter mal Uuutiques. E1.5 (LO 1, 3, 5) K Here are some terms from the chapter: 1. Accounts payable 2. Expenses 3. Creditor 4. International Financial Reporting Standards (IFRS) 5. Prepaid expense 6. Profit 7. Assets 8. Corporation 9. Unearned revenue 10. Generally accepted accounting principles (GAAP) 11. Accounts receivable 12. Owner's equity