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Which statement provides a correct illustration of the matching principle? - The total value of debit entries will equal the total value of credit entries.
Which statement provides a correct illustration of the matching principle?
- The total value of debit entries will equal the total value of credit entries. - Revenue of one period equals costs plus dividends of the same period. - Total assets is matched to total liabilities plus equity. - Expenses of a period are matched to the revenues that they generate.
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