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Saved Match the term to the definition. Accumulated Depreciation 2 Equity 3 Debit Asset Prepaid Expense 6 Matching Principle Accounting Cycle 7 General Journal Unearned
Saved Match the term to the definition. Accumulated Depreciation 2 Equity 3 Debit Asset Prepaid Expense 6 Matching Principle Accounting Cycle 7 General Journal Unearned Revenue Cost Benefit Constraint 11 Risk Pro Forma Financial Statements 10 12 Match each of the options above to the items below. Resources a company owns or controls. Information disclosed by an entity must have benefits to the user that are greater than the costs of providing it A company records the expenses it incurred to generate the revenue reported. Next> 1 of 9 Prev Saved Help Information disclosed by an entity must have benefits to the user that are greater than the costs of providing it. A company records the expenses it incurred to generate the revenue reported. Uncertainty about the return we will earn. The left side of an account. A liability that is settled int he future when a company delivers its product or service. A contra account that includes total depreciation expense for all prior periods for which the assets is used. Assets paid for in advance of receiving their benefit. The steps in preparing the financial statements. Financial statements that show the statements as if the proposed transaction had occurred. Next >
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