Listed below are ten terms followed by a list of phrases that describe or characterize five of the terms.Match each phrase with the best term by placing the letter designating the term in the space provided.
-____ Convention used to record transactions of a company.
A) Assets
B) Debit
C) Journal entry
D) Liabilities
E) Revenues
F) Expenses
G) Credit
H) General ledger
I) Trial balance
J) Dividends
Correct Answer:
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