Solved

Match the Following Chapter Terms with Their Definition

Question 86

Matching

Match the following chapter terms with their definition.

Premises:
Those costs (price paid) that stay firm and will not change
Responses:
income
fiscal year
liability
proprietorship
fixed cost
assets
final inventory
straight line method

Correct Answer:

income
fiscal year
liability
proprietorship
fixed cost
assets
final inventory
straight line method
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