Match the items below by entering the appropriate terms in the space provided.

Here are the choices-

1.		Accounting basis in which companies record amounts in the periods in which the events occur rather than in the periods in which the company receives or pays cash
2.		An assumption that the economic life of a business can be divided into artificial time period
3.		Expenses incurred but not yet paid in cash or recorded
4.		The principle that companies recognize revenue in the accounting period in which they perform the services
5.		The most basic form of journal
6.		The principle that dictates that companies match efforts (expenses) with accomplishments (revenues)
7.		Accounting basis in which a company records revenues only when it receives cash and an expense only when it pays out cash
8.		A list of accounts and their balances at a given time
9.		Income statement accounts whose balances are closed at the end of an accounting period.

Ledger Adjusting entries Trial balance Cash basis accounting Closing entries Periodicity assumption Permanent accounts Prepayments Accrued expenses General journal Accrual accounting Temporary accounts Expense recognition principle Revenue recognition principle