practice one

Match it! Select the correct answer from the pull down...Good luck!

the owner of a business

anything of value that is owned

business activity that causes changes in the value of assets, liabilities and capital

the existence of a business as an artificial individual

a person responsible for recording business transactions

the period of time that the books are open to record transactions and summarize accounting information

an owner's withdrawal of cash from his business for personal use

an association of individuals united for a common purpose to use a common name