Place the corresponding letter of the definition next to the term. Term 1. Liabilities 2. Assets 3. Corporation 4. Dividends 5. Sole proprietorship 6. Partnership 7. Transaction Definition Definition rship a. Any event that affects a firm's financial position b. Organization form with a single owner c. Organization form with two or more owners d. Organization form that can have an unlimited life e. Debt owed to outsiders f. Economic resources of the business g. Payment of cash to the owners of a corporation