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I need help on this one Thank you Question 3 Which of the following best describes the matching principle? Ensuring that debits equal all credits

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Question 3 Which of the following best describes the matching principle? Ensuring that debits equal all credits to keep the accounting equation in balance Reporting expenses incurred in the same accounting period as their associated revenues Properly classifying transactions recorded for accounting purposes to their respective accounts Recording revenues and expenses as soon as cash is received or paid to ensure proper matching

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