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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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