Multiple Choice
Match each statement to the item listed below
-States that revenues and expenses are recorded in the time period received or paid
A) Accrual basis accounting
B) Adjusted trial balance
C) Adjusting entries
D) Cash basis accounting
E) Contra accounts
F) Depreciation
G) Matching principle
H) Revenue recognition principle
I) Time period assumption
J) Worksheet
Correct Answer:

Verified
Correct Answer:
Verified
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