select the item that best completes each of the decriptions below A(n)____ is a record of increases and decreases in a spefic asset, liability, equity, revenues, or expenses items. A(n)____ is a resource owned or controlled by a company A common stock and dividendes are examples of___ accounts A(n)____ is a obilgations to transfer assets to others ___ are people and organziations that are entitlied to recieve payments from a company

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter2: Introduction To Financial Statements
Section: Chapter Questions
Problem 3MC: Identify the correct components of the income statement. A. revenues, losses, expenses, and gains B....
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select the item that best completes each of the decriptions below

A(n)____ is a record of increases and decreases in a spefic asset, liability, equity, revenues, or expenses items.

A(n)____ is a resource owned or controlled by a company

A common stock and dividendes are examples of___ accounts

A(n)____ is a obilgations to transfer assets to others

___ are people and organziations that are entitlied to recieve payments from a company

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