Question 7 [10 points] Choose the term that best matches each of the following descriptions a) [select answer Assets that are paid in cash in advance and have benefits that apply over future periods. b) select answer The buying of assets needed to generate revenues. c) select answer A business owned by shareholders. Each shareholder owns shares of the business. d) select answer The usual type of shares when there is only one type of share. e) select answer An obligation to pay an asset in the future. f) select answer Shows that the total assets of a business must always equal the total claims against those assets by creditors and owners. Exp equity. g) select answer Information that is available to decision makers in time to be useful. h) select answer |Represents the net assets owned by the shareholders. i) select answer |Raising of money needed to invest in assets j) | select answer |A business owned by one person. Official Time: 16:37:56 SUBMIT AND MARK W 29"C Gunesli ~ 92