Deferred (Unearned) Revenue, Cash received in advance from customers for future goods or services., Equipment, Tangible assets used in operations (PPE), which are depreciated over time., Accounts Payable, Amounts owed to suppliers for purchases made on account., Retained Earnings, Accumulated profits that have not yet been distributed to stockholders., Accounts Recievable, Amounts due from customers, typically within 30–60 days., Notes Payable (due in 18 months), Long-term loans expected to be satisfied in more than one year., Cash Equivalents, Short-term, liquid investments easily converted to cash., Patents, Non-physical assets classified as intangible assets., Salaraies Payable, Expenses from labor incurred but not yet paid, Prepaid Insurance, Advance payments for future services., Bonds Payable, Formal debt issued to investors through the bond market., Common Stock, Stockholder investments, a component of contributed capital., Accumulated Depreciation, Used to determine the amortized cost (historical cost minus depreciation)., Inventory, Goods held for sale to customers., Land, A tangible asset used in operations that is not depreciated

Chapter 2 Matching

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