Match the Letter of Each Element with the Appropriate Definition

Multiple Choice

Match the letter of each element with the appropriate definition.
-The residual interest in the assets of an entity after deducting its liabilities.

A) Assets
B) Liabilities
C) Equity
D) Investments by owners
E) Distribution to owners
F) Comprehensive income
G) Revenues
H) Expenses
I) Gains
J) Losses