Question: The matching principle a . determines whether the normal balance of an account is a debit or credit. b . addresses the relationship between the
The matching principle
a determines whether the normal balance of an account is a debit or credit.
b addresses the relationship between the journal and the balance sheet.
c requires that the dollar amount of debits equal the dollar amount of credits on a trial balance.
d states that revenues earned and related expenses should be reported in the same period.
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