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Question 12 The correct order of the following steps of the accou O Posting, closing, adjusting, reversing Posting, adjusting, closing, reversing O Posting, reversing, adjusting, closing Adjusting, posting, closing, reversing Question 13 The accounting principle of matching is best demonstrated by associating effort (expense) with accomplishment (revenue) not recognizing any expense unless some revenue is realized O establishing a liability account for future business uncertainties O recording January's rent received in December as December's revenues