Match the statement on the Left with the appropriate response on the right.

Assets should be recorded at their cost.

[ Choose ] Relevance Total assets overstated. Cost principle Unearned Revenues Normal Balance Debit Materiality Full disclosure principle Accrued Revenues Total assets not affected.

Circumstances and events that make a difference to financial statement users should be disclosed

[ Choose ] Relevance Total assets overstated. Cost principle Unearned Revenues Normal Balance Debit Materiality Full disclosure principle Accrued Revenues Total assets not affected.

Information that has a bearing on a decision

[ Choose ] Relevance Total assets overstated. Cost principle Unearned Revenues Normal Balance Debit Materiality Full disclosure principle Accrued Revenues Total assets not affected.

An item important enough to influence a prudent investor

[ Choose ] Relevance Total assets overstated. Cost principle Unearned Revenues Normal Balance Debit Materiality Full disclosure principle Accrued Revenues Total assets not affected.

The left side of an account.

[ Choose ] Relevance Total assets overstated. Cost principle Unearned Revenues Normal Balance Debit Materiality Full disclosure principle Accrued Revenues Total assets not affected.

The increase side of an account.

[ Choose ] Relevance Total assets overstated. Cost principle Unearned Revenues Normal Balance Debit Materiality Full disclosure principle Accrued Revenues Total assets not affected.

Interest revenue collected; not yet earned.

[ Choose ] Relevance Total assets overstated. Cost principle Unearned Revenues Normal Balance Debit Materiality Full disclosure principle Accrued Revenues Total assets not affected.

Rent not yet collected; already earned.

[ Choose ] Relevance Total assets overstated. Cost principle Unearned Revenues Normal Balance Debit Materiality Full disclosure principle Accrued Revenues Total assets not affected.

Failure to record expired prepaid rent

[ Choose ] Relevance Total assets overstated. Cost principle Unearned Revenues Normal Balance Debit Materiality Full disclosure principle Accrued Revenues Total assets not affected.

Failure to record accrued wages