Which of the following is a proper application of the matching principle? Multiple Choice A farm hired temporary workers to work on the farm in April 2022. They paid the workers in July 2022 and recognized the payment as wages expense in July. A company recorded interest accrued in 2022 as interest expense although they do not have to pay interest to their lender until January 2023. A book store purchased books totaling $5000 from its vendors and paid in cash. The book store recorded the entire amount $5000 as inventory expense before the books were sold. In Year 1, a firm paid $30,000 for a machine to be used in their operation for the next 5 years. The firm recorded the $30,000 as machine expense in year 1.