D Question 1 The Matching (Expense Recognition) Principle requires that O Expenses are recognized in the same period as the revenues they generate O Expenese are booked at the same dollar value as Revenue O Debits equal Credits O Assets equal Liabilities plus equity * 2.5 p

answer: expenses are recognized in the same period as the revenues they generate

The Matching (Expense Recognition) Principle requires that Expenses are recognized in the same period as the revenues they generate Expenese are booked at the same dollar value as Revenue Debits equal Credits Assets equal Liabilities plus equity