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FILL-IN-THE-BLAN-PNC S: Complete each of the folowing statements by writing the appropriate words in the Answers col Answers STATEMENTS ncounting principle that requires the matching

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FILL-IN-THE-BLAN-PNC S: Complete each of the folowing statements by writing the appropriate words in the Answers col Answers STATEMENTS ncounting principle that requires the matching of revenues and fixed asset with the passage of times accounts are.... 0. T matching concept 1. The expens 2. Accumulated depreciation accounts that are "offset against fixed asset 3. The updating of accounts at the end of the accounting period is called 4. The journal entries made at the end of the accounting period to properly o. Payimenis hac nave been iniuaily recorde as asseis but are expeciea to e associated with the decrease in economic usefulness of a match revenues and expenses are called become expenses through the normal operations o the business are called 6. Revenues that have been earned but have not been recorded in the

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