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Match Each Statement to the Item Listed Below

Question 87

Short Answer

Match each statement to the item listed below
a.Accrual basis accounting
f.Depreciation
b.Adjusted trial balance
g.Matching principle
c.Adjusting entries
h.Revenue recognition principle
d.Cash basis accounting
i.Time period assumption
e.Contra accounts
j.Worksheet
-Requires that expenses be recorded in the same period as the revenue that they helped generate

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