Match the accounting term with the corresponding definition. 1. Accrual basis accounting 2. Matching principle 3. Revenue

Match the accounting term with the corresponding definition.

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1. Accrual basis accounting 2. Matching principle 3. Revenue recognition principle 4. Fiscal period a. Any consecutive 12-month period. b. Records the impact of a business event as it occurs regardless of whether the transaction affected cash. c. Records expenses when incurred to sell goods or pro- vide services. d. Records revenue when it is earned.