To see each answer, press or click on the blue "Unscramble" button.
| 1. Probable future economic benefits is part of the definition of __________. | ASSETS STASES | Unscramble |
| 2. Inflows from delivering goods or services and other activities that are part of a company's main operations. | REVENUES ESEERUNV | Unscramble |
| 3. The residual interest in the assets of an entity after deducting liabilities. | EQUITY YQUIET | Unscramble |
| 4. ______________ by owners increase their ownership interest. | INVESTMENTS TSNMISVENTE | Unscramble |
| 5. Probable future sacrifices resulting from a past transaction or event. | LIABILITIES IILLBESTIAI | Unscramble |
| 6. Outflows, using up of assets, or incurring a liability as the result of earning revenues. | EXPENSES SENPSEEX | Unscramble |
| 7. Other ___________________ income includes foreign currency translation adjustments. | COMPREHENSIVE PORCHESIMEVEN | Unscramble |
| 8. The net outflows resulting from peripheral transactions. | LOSSES SSOLES | Unscramble |
| 9. __________________ to owners will decrease owner's equity. | DISTRIBUTIONS TORNDUSTIBISI | Unscramble |
| 10. The net increases in equity from peripheral transactions. | GAINS SAGIN | Unscramble |
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Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.
