The key documents and forms required in opening and using a checking account are the signature card, deposit tickets, checks, and bank statements.
a. True
b. False
Indicate whether the statement is true or false
Question 2
Supplies expense on the Team Shirts' income statement represents only supplies that were used to earn revenue during the accounting period. The accounting rule that applies is the ________.
A) going-concern assumption
B) historical-cost principle
C) revenue-recognition principle
D) matching principle
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