Accounting Terms
Skills Test-1
Let's see if you've got your ducks in a row regarding Accounting and Bookkeeping Terminology.
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Instructions:
Match the term with the definition:
Definition
.
.
Terms
Assets
Liabilities
Expense
Accounts Receivable
Notes Receivable
Inventory
Owner's Investments
Owner's Drawing
Revenue
Owner's Equity
Debit
Credit
Accounting Equation
Land
Buildings
Double Entry
Accrual Method
Furniture
Equipment
Office Supplies
Cash
Select the term that matches the definition
Explanation