Question Completion Status: What is meant by the Matching Principle? Assets equal Liabilities and Equity O Debits equal Credits Expenses incurred in generating revenues should be matched with the related revenues when determining net income O Revenue matches expenses 3 QUESTION 10 The debit side of an account O depends on whether the account is an assetsliability, or owner's equity O can be either side of the account depending on how the accountant set up the system O is the right side of the account O is the left side of the account