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QUESTION 33 What is the matching principal? Why is it important? And is it used in cash basis accounting or accrual basis accounting, or
QUESTION 33 What is the matching principal? Why is it important? And is it used in cash basis accounting or accrual basis accounting, or both? TT TArial 33 (12pt) Path: p QUESTION 34 What is the difference between cash basis accounting and accrual basis accounting? TTT Arial T-E
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The matching principlerequires that revenues and any related expenses be recognized together in the ...
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
