Match each definition with its related term by entering the appropriate letter in the space provided. Term

Match each definition with its related term by entering the appropriate letter in the space provided.

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Term Definition 1. Expenses 2. Deferred Revenue A. A liability account used to record the obligation to provide future services or return cash that has been received before services have been provided. 3. Prepaid Expenses B. Costs that result when a company sacrifices resources to generate revenues in the current period. C. A type of asset account used to record the benefits obtained, when cash is paid before expenses are 4. Revenue incurred. D. The amount charged to customers for providing goods or services.