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Match the statement on the Left with the appropriate response on the right. Assets should be recorded at[Choose ] their cost. Accrued Revenues Cost principle
Match the statement on the Left with the appropriate response on the right. Assets should be recorded at[Choose ] their cost. Accrued Revenues Cost principle Full disclosure principle Circumstances and events thatDebit make a difference to financial statement users should be disclosed Total assets overstated Total assets not affected. Relevance Unearned Revenues Materiality Normal Balance Information that has a bearing on a decision Choose] An item important enough to[ Choose influence a prudent investor The left side of an account. Choose ] The increase side of an account. Interest revenue collected; notChoosel t earned
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