and basis of O b. records revenues when they are earned and expenses when they are paid Od. records revenues and expenses when they are incurred w.com/im/takeAssignment/takeAssignmentMain.doinvoker= assignments&takeAssignmentSession Locator=assig Calculator The matching principle 0 a. determines whether the normal balance of an account is a debit or credit Ob. addresses the relationship between the journal and the balance sheet c states that the revenues and related expenses should be reported in the same period od. requires that the dollar amount of debits equal the dollar amount of credits on a trial balance