16. The fundamental accounting concepts listed below form the basis of financial accounting:

(a) Accrual basis of accounting

(b) Money measurement

(c) Going concern

(d) Prudence (or Accounting conservatism)

(e) Dual aspect

(f) Matching (or expense recognition)

(g) Historical cost

(h) Business entity

Give a brief example illustrating how the concept is applied in financial accounting.