< Match the term and explanation. Prepaid Expense 1. Reporting expenses and revenues Expense Recognition Principle 2. Cash Basis 3. Revenue Recognition Principle according to the time the money is paid or received. A ratio that indicates the percent of each revenue dollar that is left over after covering costs and expenses. A list of account balances when the accounts do not yet include all revenues and expenses. D 4. An indication that a company has already paid a cost not yet incurred. A liability account indicating