listedisted below are basic accounting principles, concepts, and assumptions we have discussed in class. Match the letter below with the appropriate phrase that states its application $($note: some items may be chosen more than once$)$

a$.$ Matching $($Expense Recognition$)$

b$.$ Full disclosure

c$.$ Relevance

d$.$ Reliability

e$.$ Consistency

f$.$ Entity

g$.$ Going concern $-$

h$.$ Monetary unit

i$.$ Periodicity

j$.$ Historical cost

k$.$ Revenue recognition

l $.$ Industry standards

$1.$Stable$-$dollar assumption $($do not use historical cost principle$).$

$2.$ Earning process completed and realized or realizable.

$3.$ Presentation of error$-$free information with representational faithfulness.

$4.$ Yearly financial reports.

$5.$Accruals and deferrals in adjusting and closing process. $($Do not use going concern.$)$

$6.$ Useful standard measuring unit for business transactions.

$7.$ Notes as part of necessary information to a fair presentation.

$8.$ Affairs of the business distinguished from those of its owners.

$9.$ Business enterprise assumed to have a long life.

$10.$ Valuing assets at amounts originally paid for them.

$11.$ Application of the same accounting principles as in the preceding year.

$12.$ Summarizing significant accounting policies.

$13.$ Presentation of timely information with predictive and feedback value