At the end of the fiscal year, an adjusting entry is made that increases both interest expense and interest payable. This entry is an application
At the end of the fiscal year, an adjusting entry is made that increases both interest expense and interest payable. This entry is an application for which accounting principle?
| A) | Full disclosure | |
| B) | Materiality | |
| C) | Matching | |
| D) | Going concern | |
| E) | Realization |
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Authors: Charles T Horngren
5th Edition
0131796712, 978-0131796713
