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Pacific Coast Fisheries incurs a fuel cost every month but is billed for the same in the following month. If the company pays the fuel

Pacific Coast Fisheries incurs a fuel cost every month but is billed for the same in the following month. If the company pays the fuel bill
in the billing month but recognizes the fuel cost as an expense in the month the fuel was consumed, it will be complying with the
matching principle.
reliability concept.
relevance principle.
economic entity concept.
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