Match the accounting terminology with its definition and example.Note: Answers may be used more than once.
-The quality of service provided,the age and health of the owner,and employee morale are not included because they cannot be quantified in terms of money
A) accounts payable
B) assets
C) corporation
D) cost
E) economic entity assumption
F) liabilities
G) market value
H) monetary unit assumption
I) note payable
J) (paid-in) capital
K) partnership
L) proprietorship
M) retained earnings
N) stockholders' equity
Correct Answer:
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