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The matching principle explains why A. interest expense is accrued at the end of the period B. depreciation expense is recorded each period C. the

The matching principle explains why

  • A. interest expense is accrued at the end of the period
  • B. depreciation expense is recorded each period
  • C. the cost of product held for resale is initially recorded in the Inventory account and transferred to Cost of Goods Sold when the product is sold
  • D. All of the above

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