See Whats Hot a WildTangent Games Calculator The accounting
     See What\'s Hot a WildTangent Games  Calculator The accounting principle upon which deferrals and accruals are based is a. cost b. price-level adjustment c. matching od, conservatism  
  
  Solution
Answer = C, Matching Principle
According to Matching principle, we have to report the income and expenses related to that income in the same period.

