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Matching Matching (1) / Accruals (2) Periodicity (3) / Adjusting process (4) / Prepaid (5) - Expenses recorded in same period as revenues. Purchased in

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Matching Matching (1) / Accruals (2) Periodicity (3) / Adjusting process (4) / Prepaid (5) - Expenses recorded in same period as revenues. Purchased in advance for future consumption Analysis and updating of accounts. Time divided into discrete intervals. Accumulating with the passage of time. B. Prepaid C Adjusting process D. Periodicity E. Accruals

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