The Matching Principle Is Best Demonstrated By

Multiple Choice

The matching principle is best demonstrated by:

A) Using debits to record decreases in owners' equity and credits to record increases.
B) The equation Assets = Liabilities + Owners' Equity.
C) Allocating the cost of an asset to expense over the periods during which benefits are derived from the asset.
D) Offsetting the cash receipts of the period with the cash payments made during the period.