Multiple Choice
Match the accounting terminology with its definition and example.Note: Answers may be used more than once.
-Law firms,medical practices,CPAs
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:

Verified
Correct Answer:
Verified
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