Which of the following accounting principles requires that warranty expense must be estimated and recognized in the
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Question:
Which of the following accounting principles requires that warranty expense must be estimated and recognized in the same period when the related sales revenue is recognized?
A. the matching principle
B. the revenue principle
C. the disclosure principle
D. the consistency principle
Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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