Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
5 Cards in this Set
- Front
- Back
Future economic benefits or service potentials
|
Assets
|
|
Sacrifices of economic benefit or service potential
|
Liabilities
|
|
reductions in assets and reductions in owners equity but not drawings
|
Expenses
|
|
increase in assets and increase in owners equity but not capital
|
Revenue
|
|
withdrawals of assets by the owner
|
drawings
|