What general rule can be used to decide whether a payment leads to an expense or to
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What general rule can be used to decide whether a payment leads to an expense or to an asset?
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The general rule to decide whether a payment leads to an expense or to an asset is based on the concept of the matching principle in accounting The ma...View the full answer
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Related Book For 
Financial Accounting An International Introduction
ISBN: 9781292102993
6th Edition
Authors: David Alexander, Christopher Nobe
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