Questions: Select the definition that best matches each term. Term a. Assets b. Common Stock c. Creditors d. Liability e. Retained Earnings f. Stockholders g. Stockholders' Equity

Sure, let's start with part (a) and match each term with its best definition.

Required A:

1. Assets: Resources owned by a company that have future economic value.
2. Common Stock: Equity security representing ownership in a corporation.
3. Creditors: Individuals or institutions to whom money is owed.
4. Liability: Obligations or debts that a company needs to pay in the future.
5. Retained Earnings: The cumulative amount of net income that a company has retained, rather than distributed as dividends.
6. Stockholders: Individuals or entities that own shares in a corporation.
7. Stockholders' Equity: The residual interest in the assets of the entity after deducting liabilities, representing the ownership interest of shareholders.

Required B:

To calculate the missing amounts in the table, we need to use the basic accounting equation:

\[ \text{Assets} = \text{Liabilities} + \text{Stockholders' Equity} \]

Given the table, we can fill in the missing amounts by rearranging this equation as needed. However, since the table is not provided in the text, I cannot perform specific calculations. If you provide the table with the missing amounts, I can help you calculate them.

Summary:

For part (a), the definitions have been matched to the terms. For part (b), the missing amounts can be calculated using the accounting equation, but the specific table is needed to perform these calculations.