Question: Please match each word or phrase on the left with the appropriate word or phrase on the right. Accrual accounting Increasing fixed assets by buying
Please match each word or phrase on the left with the appropriate word or phrase on the right.
Accrual accounting
Increasing fixed assets by buying a new office building
Retained earnings
Interest
A. profits kept in the business and not paid in dividends
b. matching revenue and expenses for the same period
c. use of cash
d. an expense to be paid to a lender on borrowed money
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