It is the information system that measures business activities, processes that information into reports, and communicates the results to decision makers.

It is the requirement that each transaction must be recorded by an entry that has equal debits and credits

The economic resources that a business owns and expects to be useful to the enterprise are called

Decision-making individuals inside the business who are responsible for the performance of the business.

These are structured financial representation of the financial position and the transactions undertaken by an enterprise.

A separate legal entity, organized in accordance with the law, which divides their ownership into shares of stocks.

These are present obligations of the enterprise arising from past transactions or events the settlement of which is expected to result in an outflow from the enterprise.

Companies that purchase goods that are ready for sale and then sell them to customers.

A form of business organization owned by two or more individuals who contribute money, property or industry to a common fund to carry on business for profit

Residual interest in the assets of the enterprise after deducting all its liabilities.

Indicate the type of business activity to where each business belongs:

Indicate the type of business activity to where each business belongs:

Indicate the type of business activity to where each business belongs:

Accounts Payable is a Liability

Notes Receivable is a Liability

Building is an Asset

Inventory is an Expense

Prepaid Insurance is a Liability

Cruz, Drawing is a Capital

Prepaid rent is an Asset