Question

Pred Wild and Chlappetta, 23. Analyzing and Recording Transactions Watch them on the left with the correct definition on the right Drag statements on the right to match the left The costs of doing business Labe Claims against the assets of a business Assets Individuals or organizations that have rights to receive payments from a business Expand Things of value owned by a business DEVE I know it Thino Nole F G H J K

Answer 1

Creditors	Individuals or organizations that have rights to receive payments from a business	(Credit balance generally)
Liabilities	Claims against assets of the business	(Credit balance generally)
Assets	Things of value owned by the business	(debit balance)
Expenses	The cost of doing business	(debit balance)

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