Question 5 What is the Matching Principle? To match assets with liabilities, in the...
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Question What is the Matching Principle? To match assets with liabilities, in the period the liabilities are generated To match prepaid expenses with accumulated depreciation To match expenses with revenues in the period the revenue is earned, it is an accrual concept To match account payable with accounts receivables 
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What is the Matching Principle?
To match assets with liabilities, in the period the liabilities are generated
To match prepaid expenses with accumulated depreciation
To match expenses with revenues in the period the revenue is earned, it is an accrual concept
To match account payable with accounts receivables
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