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