Listed below are several information characteristics and accounting principles and assumptions. Match the letter of each with the appropriate phrase that states its application. You may use a letter more than once and you may not use all of the letters. 1. Users can identify similarities and differences between two sets of financial statements. 2. It is assumed that the company will be in existence indefinitely. 3. Information must be capable of making a difference in the decision of the user 4. The activities of the owner(s) are not commingled with the activities of the company. 5. Information reflects the economic substance of what happened