Matching Question 290 Match the items below by entering the appropriate code letter in the space provided Cash basis Prepaid expenses Expense recognition principle Accrued revenues Post-closing trial balance Accrued expenses Book value 1. Events recorded only in periods the company receives or pays cash 2Expenses paid before they are incurred Cost less accumulated depreciation 4. The economic life of a business can be divided into artificial time periods s. Efforts are related to accomplishments 6. Includes only permanent-balance sheet-accounts 7. Revenue is recognized when the performance obligation is satisfied 8.Revenues earned but not yet received 9. Expenses incurred but not yet paid 10. A cost allocation process Click if you would like to Show Work for this question: Open Show Work