What is matching concept? Why should a business concern follow this concept? Discuss.
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What is matching concept? Why should a business concern follow this concept? Discuss.
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The matching concept also known as the matching principle or accrual accounting is a fundamental accounting principle that dictates how a business should recognize and report its revenues and expenses ...View the full answer
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Related Book For
Accountancy Financial Accounting Part 1 Textbook For Class 11
ISBN: 9788174505071
1st Edition
Authors: NCERT
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