"match the word or phrase with the best description of it.
(a) an expression about whether fi...
"match the word or phrase with the best description of it.
(a) an expression about whether financial statements conform with generally accepted accounting principles.
(b) a business that raises money by issuing shares of stock.
(c) the portion of stockholdersâ equity that results from receiving cash from investors.
(d) obligations to suppliers of goods.
(e) amounts due from customers.
(f) a party to whom a business owes money.
(g) a party that invests in common stock.
(h) a business that is owned jointly by two or more individuals but does not issue stock."
1. stockholder.
2. common stock.
3. creditor.
4. accounts payable.
5. accounts receivable.
6. partnership.
7. auditor's opinion.
8. corporation.
Answers: 3
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