According to the matching concept, revenues are recognized when they are earned and realized, irrespective of when the cash is received. Similarly, expenses are recognized when they are incurred, regardless of when the cash is paid out. This matching of revenues and expenses in the same accounti...
百度试题 结果1 题目The concept of "matching" is primarily associated with which accounting principle? A. Accrual Accounting B. Cash Accounting C. Historical Cost D. Materiality 相关知识点: 试题来源: 解析 A 反馈 收藏
Note that applying the matching concept requires accrual accounting, by which companies recognize revenues when they earn them and expenses in the period they incur them. Actual cash flows from these transactions may occur at other times, even in different periods. The purpose of the matching conce...
aThe matching principle is an accounting concept that matches all revenues with the expenses generated to earn those revenues during the accounting period. The accrual accounting method, for example, is based on this principle, as it records financial transactions as they occur, rather than when cas...
8. Matching principle The matching principle entails that the earned income and related expenses must be accounted for in the same accounting period. If the income and expenses don’t correlate, the costs must be charged to expenses. The concept of the matching principle highlights the necessity ...
Explain the concept of float in accounting. Describe the meaning of the following accounting concepts with examples and its relevance to accounting: a) The matching concept b) Going concern c) The concept of materiality d) The concept of money measurement e) The prudence concept ...
Matching Concept The matching concept is not an alternative to accrual accounting but an outgrowth of it. The matching principle requires the matching of expenses with corresponding revenues. For example, a company that pays commissions to its sales force would match the payment of commissions with...
“accounting concept ”表示“会计概念”的意思。会计概念包括资产、负债、所有者权益、收入、费用。具体解释如下：1、资产 资产是指由企业过去的交易或事项形成的、由企业拥有或者控制的、预期会给企业带来经济利益的资源。不能带来经济利益的资源不能作为资产，是企业的权利。资产按照流动性可以划分为流动...
dualaspectconcept 有借必有贷,借贷必相等.accrualconcept 一笔收入在它产生的时候就该入账了,而不是一定...
a地震之后这城镇变成废墟 After earthquake this cities turn the ruins [translate] athe accounting concept that supports reporting revenues and related expenses in the same period is called the matching concept 在同一个期间支持报告收支和相关费用的会计概念称配比的概念[translate]...