Match the Following Terms with the Appropriate Definition

Match the following terms with the appropriate definition.
-Revenue recognition principle

A) The principle that assumes transactions and events can be expressed in money units.
B) The cost of assets or services used to earn revenue.
C) The principle that requires a business to be accounted for separately from its owners.
D) Describes a company's revenues and expenses along with the resulting net income or loss over a period of time.
E) Creditor's claims on assets.
F) The relation between a company's assets, liabilities, and equity.
G) The principle that revenue is recorded when earned through providing goods or services.
H) A financial statement that lists cash inflows (receipts) and cash outflows (payments) ; the cash flows are arranged by operating, investing, and financing activities.
I) Happenings, such as changes in market value, that effect the accounting equation and are reliably measured.

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