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Which of the accounting principles explains how a company should estimate the useful life of an asset for depreciation purchases? O Matching principle states that
Which of the accounting principles explains how a company should estimate the useful life of an asset for depreciation purchases? O Matching principle states that depreciation should be recorded in the same time period as the revenue generated by the use of the asset. O Mixed attribute model states that assets should be recorded at fair value on the balance sheet. O Revenue recognition states taht assets should be initially recorded at the assigned cost. Time value of money principle states that assets lose value over time
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