Explain the matching principle.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
The matching principle requires that expenses b...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Explain the matching principle. How is the matching principle related to the realization concept?
-
Explain how the matching principle supports adjustments to income tax expense when eliminating intercompany profits from consolidated financial statements.
-
Explain how the matching principle is applied when amortizing the acquisi tion differential.
-
WSU Small Business Booster Every year, Robin identifies a small business to invest her money in because she wants to support companies that WSU students have started. Robin named the program WSU...
-
Selected accounts of Sterling Building Supplies at July 31, 2017, are listed in alphabetical order below. For simplicity, all operating expenses are summarized in the accounts Selling Expenses and...
-
Draw the shear-force and bending-moment diagrams for a cantilever beam AB supporting a linearly varying load of maximum intensity (see figure). 40
-
Distinguish between the stated rate and the market rate on a debt.
-
Selected transactions completed by Gampfer Company during its first fiscal year ending December 31 were as follows: Jan. 2. Issued a check to establish a petty cash fund of $3,200. Mar. 14....
-
Q5. You sent a confirmation to Cowboy Bank asking them to confirm Orange's cash balance for the period ending 12/31/2020 - what amount do you expect them to fill in on the confirm? Enter a whole...
-
Randy Dillingwater is the chief investment officer for Clearstone Capital. Clearstone is a private equity firm located in Orlando, Florida, that specializes in what Randy describes as make-over or...
-
What four criteria must normally be met for revenue to be recognized under accrual basis accounting?
-
Explain why stockholders equity is increased by revenues and decreased by expenses.
-
Motion of the bar is controlled by the constrained paths of A and B. If the angular velocity of the bar is 2 rad/s counterclockwise as the position = 45 is passed, determine the speeds of points A...
-
2. Assume the following is embedded in a complete and correct program. a) How to debug if the code below contains errors? b) What will the following code output after debugging? string s1 '1'; string...
-
Write a Java program that uses regular expressions to count the number of email addresses (Read and Write in a text file) that belong to each of the KSU, imamu, and KAU domains. (You have to enter...
-
Due to technological advancements in the use of labour and in the ability to extract deeper and smaller mineral deposits more efficiently, and the emergence of new uses for Mineral X have all...
-
A distributor sells water cooling units for $860 each. The operating profit is 15% on cost and markup is 65% on cost. a. Calculate the cost per cooling unit. Round to the nearest cent b. Calculate...
-
Be sure to provide all the required information and to answer all the questions. Make sure to use the required sources listed below. In addition, you will need to use other reputable sources that you...
-
What are the five stages of team development? Describe each stage and how those stages may appear as behaviors in a health care setting.
-
Periwinkle Company is a multinational organization. Its Parts Division is located in Lavender Land, while its Assembly Division is located in North Orchid. During the current year Periwinkle Companys...
-
A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting) at $55,000, and variable costs (printing, paper, binding, shipping) at $1.60 for...
-
What is a business tax identification number? Discuss.
-
What is a business tax identification number? Discuss.
-
Canzano Medical Supplies estimates that its office employees will earn $205,000 next year and its factory employees will earn $960,000. The firm pays the following rates for workers' compensation...
-
The connotation for spin and rhetoric is negative. O True O False
-
Some advantages of obtaining control by acquiring a controlling interest in stock include all but: O The cost may be lower since only a controlling interest in the assets, not the total assets, is...
-
3. Courts like the concept of strict performance and will generally require the exact performance specified in large complicated contracts. 1) True 2) False
Study smarter with the SolutionInn App