1 How Are Debits And Credits Used To Record Business Transactions 2 What Is The

Find answers on: 1.) How are debits and credits used to record business transactions? 2.) What is the theory behind the matching principle?.

1.) How are debits and credits used to record business transactions?

2.) What is the theory behind the matching principle?

3.) In what method of accounting, accrual or cash, does the matching principle apply?

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