Read pages 90-123. Consider the following as you read: What criteria are considered when identifying a business transaction? How are debits and credits used to record these transactions?
Read pages 150-185. Consider: What is the theory behind the matching principle? In what method of accounting, accrual or cash, does the matching principle apply?
Respond using a minimum of 300 words.
Discussion 1Read the assigned pages in Chapters 3 and 4 of our text. Identify an ACCOUNTING topic incorporated therein and explain it to the class. Include insight and examples to support your