Match the following to the most appropriate response: Reporting Principles include Examples of liabilities are Accounting Principles include The Income Statement reports The balance sheet is based on Choose... Cash, Accounts Receivable and Inventory the Accounting Equation Cash At Bank Accounts Payable and Bank Loans withdrawals for personal use Losses and Owners Drawings Cost and Matching Relevance and Reliability is either a Dr or Cr - whichever increases the account Sales Revenue owe Profits and Capital Introduced Profit Proprietorship own The normal balance of an account A sole trader is also known as a The receipt of cash from a sale will require a debit to Examples of Assets are: Owners Equity is increased by Choose... The receipt of cash from a sale will require a credit to Choose... An asset is something we Choose... A liability is something we Choose... Owners drawings are Choose... Owners Equity is decreased by Choose