199.Match the following terms with the appropriate definitions.
1. The principle that assumes transactions and events can be expressed in money units.Accounting
2. A financial statement that lists cash inflows (receipts) and cash outflows (payments); the cash flows are arranged by operating, investing, and financing activities.
3. Creditor's claims on assets.
4. The relation between a company's assets, liabilities, and equity.
5. Wages paid to earn revenues.
6. The principle that requires a business to be accounted for separately from its owners.
7. The principle that revenue is recorded when earned through providing goods or services.
8. Happenings, such as changes in market value, that effect the accounting equation and are reliably measured.
9. Describes a company's revenues and expenses along with the resulting net income or loss over a period of time.