The principle stating that all expenses incurred while earning revenues should be identified with the revenues when
Question:
The principle stating that all expenses incurred while earning revenues should be identified with the revenues when they are earned and reported for the same time period is the
a. cost principle.
b. revenue principle.
c. expense principle.
d. matching principle.
e. timing principle.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Accounting What The Numbers Mean
ISBN: 9780073379418
8th Edition
Authors: David Marshall, Wayne McManus, Daniel Viele
Question Posted: