In which of the following years did the U.S. Supreme Court prohibit all racial discrimination when real property is sold or rented:

The matching principle:

A. Applies only to situations in which a cash payment occurs before an expense is recognized. B. Applies only to situations in which a cash receipt occurs before revenue is recognized. C. Is used in accrual accounting to determine the proper period in which to recognize revenue. D. Is used in accrual accounting to determine the proper period for recognition of expenses.

Identify the appropriate order of the following steps in the procedure for process costing with spoilage

a. summarize total costs to account for b. assign total costs to units completed, to spoiled units, and to units in ending inventory c. summarize the flow of physical units d. compute output in terms of equivalent units e. compute cost per equivalent unit Step 1 ________ Step 2 ________ Step 3 ________ Step 4 ________ Step 5 ________