1. Match each of the following scenarios with the accounting principle or accounting assumption that it beat Scenario The accounting records of Thomas Company are in dollars, not euros, although the Ohio-based company is owned by a German firm Despite several years of falling sales, Thomas Company continues to forecast sales and make strategic plans to raise revenues and cut expenses GGE Enterprises records a deposit received from a customer for work to be performed later in the month. The customer in billed for the remaining amount after the work is complete and the cutomer's payment is recorded Accounting Principle or Assumption Business entity assumption Expense recognition principie Going concem assumption Historical cost principle