Accounting


hangman
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Category: Question
LiabilitiesAnswer: Amounts owed to creditors.10false
revenuesThe difference between _____ and expenses.21true
RevenuesAnswer: Amounts earned from selling products or services to customers.30false
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.40false
AssetAnswer: Resources owned by a company.50false
ExpensesAnswer: The costs of providing products and services.70false
Accounting EquationAnswer: The 3 measurement categories: Asset = Liabilities + Stockholder's Equity80false