Asked by Miranda A. Davis on May 11, 2024
Verified
Anything that holds value that is owned by a business
A) electronic health records software
B) pegboard system
C) cash control sheet
D) trial balance
E) assets
F) single-entry bookkeeping system
G) double-entry bookkeeping system
H) fully integrated ledger system
I) garbage in,garbage out
J) cost estimate sheet
K) office policy
L) professional discount
Assets
Assets refer to resources owned by an individual or organization that have economic value and can be converted into cash or used to generate income.
- Recognize and pair accounting and finance terminology with their appropriate meanings.
Verified Answer
EM
Emily MontealvoMay 17, 2024
Final Answer :
E
Explanation :
Assets are anything of value that is owned by a business, which can include cash, inventory, property, and equipment, among other items.
Learning Objectives
- Recognize and pair accounting and finance terminology with their appropriate meanings.
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