A list of accounting concepts follows:

1. Revenue recognition

2. Matching

3. Full disclosure

4. Cost

5. Expense recognition

6. Fair value Match these concepts to the following statements, using numbers 1 to 6.

(a) _______ The Hirjikaka Company reports information about pending lawsuits in the notes to its financial statements.

(b)_______ The Lloyd-Graham Company reduces prepaid insurance to reflect the insurance that has expired.

(c)_______ The Todd Company recognizes revenue at the point of sale, not when the cash is collected.

(d) _______The Rich Bank reports its short-term investments that are held for resale at market price. 

(e)_______ The Hilal Company reports its land at the price it paid for it, not at what it is now worth.

(f) _______ The law firm Thériault, Lévesque, and Picard records an accrual for legal services pro- vided but not yet billed.

(g) _______ The Nickel Company depreciates its mining equipment using the units-of-production method.