A broad principle that requires identifying the activities of a business with specific time periods such as months, quarters, or years is the: Multiple Choice Going concern assumption Time period assumption Expense recognition (matching) principle. Accrual basis of accounting. O Operating cycle of a business. Submit During June, Dornell's Auto Supply Company had cash receipts of $9,000 and cash disbursements of $11,600. If Dornell's cash balance on June 30 was $4,800, what was his cash balance at the beginning of the month? Multiple Choice $7400 $11,800 $2,200 $0. $2,600