Listed below are accounting principles and assumptions. Match the letter of each with the appropriate phrase that explains it or describes its applications. Items A through G may be used more than once or not at all. Establishment of an allowance for doubtful A. Going concern assumption accounts. B. Expense recognition principle Additional estimates are acceptable in order to C. Monetary unit assumption produce quarterly financial reports. One of the two principles that provide the D. Full disclosure principle foundation for the adjusting process. E. Revenue recognition principle One of the two principles that provide the F. Economic entity assumption foundation for the adjusting process. G Periodicity assumption Notes as part of necessary information to a fair presentation Preparing financial statements combining results for parent companies and their subsidiaries. In most cases, use of liquidation values is not appropriate