Match the items below by entering the appropriate code letter in the space provided.
A. Codes of conduct
B. Profit
C. Partnership
D. Proprietorship
E. Economic Entity Assumption
F. Corporation
G. Assets
H. Equities
I. Expenses
J. Transactions
1. Ownership is limited to one person.
2. Rules for ethical business practices
3. A separate legal entity under federal or provincial laws
4. Reflective of two or more owners
5. Economic events can be identified with a particular unit of accountability.
6. Consumed assets or services
7. Ownership claims against the assets of the business
8. Results when revenues exceed expenses.
9. Future economic benefits
10. Economic events recorded by accountants.