Question 37 Under accrual accounting, the matching principle requires: Not yet answered Marked out of 1.00 Select one: a. that all invoices are paid in 30 days Flag question O b. the preparation of adjusting entries O c. that revenue be recognized when the cash is received O d. that reversing entries be prepared where is all the financial data needed to calculate the debt-rations found? Question 38 Not yet answered Marked out of 1.00 Select one: a. balance sheet, statement of cash flows, statement of shareholder's equity Flag question b. income statement, tax forms, shareholder's report O C. annual report, tax forms, bank statements O d. balance sheet, income statement, statement of owner's equity Question 39 When is interest paid on a zero coupon bond? Not yet answered Marked out of 1.00 Select one: a. quarterly Flag question O b. monthly c. at the end of the bond's term d. yearly O Which of the following is NOT information used to calculate an asset's book value? Question 40 Not yet answered Marked out of 1.00 Select one: a. The total amount of depreciation, amortization, and impairment costs made against the asset. P Flag question b. The current market price of the asset. O c. The price of the asset when it was acquired. d. The costs associated with originally acquiring the asset, such as broker fees. O