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help Discuss the three main aproaches to recognizing expenses Sciotto three DA Expense recognition occurs when cash or find ca o cash rorocived For example,
help Discuss the three main aproaches to recognizing expenses Sciotto three DA Expense recognition occurs when cash or find ca o cash rorocived For example, when a customer eys the amount bila B. Expenses are recognized when they are matched with their related revenues C. Some expenses are located systematically over the periode during which the related provides benell. For example, tulong norr te percostruit wil brown benefit to the entity D. Some expenses are recorded in the period in which they are incurred. For example, the way of a sort is recorded in the period word DE Some expenses are recognised when a buty has been reduced has decreased. For example when invertory value decines or beoses cookte OF Expenses are always recognized when cash has been paid
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