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Match Each Statement to the Item Listed Below

Question 103

Multiple Choice

Match each statement to the item listed below
-Refers to the process of assigning the cost of an asset such as a building to expense over the asset's useful life


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

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