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Match the following terms with the appropriate definition.
- A. B. C. D. E. F. G. H. I.
A contractual agreement to borrow and repay money.
- A. B. C. D. E. F. G. H. I.
Taxes paid to the government by both employees and employers
- A. B. C. D. E. F. G. H. I.
Amounts funded by companies to prove benefits to fired
workers.
- A. B. C. D. E. F. G. H. I.
Liabilities created by adjusting entries
- A. B. C. D. E. F. G. H. I.
Guarantees the repair or replacement of defective goods during
a specified period following the sale
- A. B. C. D. E. F. G. H. I.
Probable future sacrifices of economic benefits
- A. B. C. D. E. F. G. H. I.
Obligations whose amounts, timing, or recipient depend on
future events
- A. B. C. D. E. F. G. H. I.
Amounts collected from customers that must be passed along to
the state.
- A. B. C. D. E. F. G. H. I.
A percentage of the loan amount that compensates the lender for
the use of his/her money
A.
Accrued liabilities
B.
Contingent liabilities
C.
Unemployment taxes payable
D.
Interest rate
E.
Liabilities
F.
Payroll taxes
G.
Sales taxes
H.
Warranty
I.
Note payable

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Match the following terms with the appropriate definition.- .docx

  • 1. Match the following terms with the appropriate definition. - A. B. C. D. E. F. G. H. I. A contractual agreement to borrow and repay money. - A. B. C. D. E. F. G. H. I. Taxes paid to the government by both employees and employers - A. B. C. D. E. F. G. H. I. Amounts funded by companies to prove benefits to fired workers. - A. B. C. D. E. F. G. H. I. Liabilities created by adjusting entries - A. B. C. D. E. F. G. H. I. Guarantees the repair or replacement of defective goods during a specified period following the sale - A. B. C. D. E. F. G. H. I. Probable future sacrifices of economic benefits - A. B. C. D. E. F. G. H. I. Obligations whose amounts, timing, or recipient depend on future events
  • 2. - A. B. C. D. E. F. G. H. I. Amounts collected from customers that must be passed along to the state. - A. B. C. D. E. F. G. H. I. A percentage of the loan amount that compensates the lender for the use of his/her money A. Accrued liabilities B. Contingent liabilities C. Unemployment taxes payable D. Interest rate E. Liabilities F. Payroll taxes G.