Accounting


hangman
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Category: Question
DividensAnswer: If the corporation has positive net income, it typically will distribute to its owners, the stockholders, some of those profits in form of a cash payment.10false
AssetAnswer: Resources owned by a company.30false
Net IncomeAnswer: The difference between revenues and expenses.40false
ExpensesAnswer: The costs of providing products and services.50false
Accounting EquationAnswer: The 3 measurement categories: Asset = Liabilities + Stockholder's Equity60false
productsAmounts earned from selling _____ or services to customers.71true
LiabilitiesAnswer: Amounts owed to creditors.80false