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Alexxx [7]
3 years ago
11

Which accounting principle dictates whether the cost of a repair should be​ expensed?

Business
1 answer:
vodomira [7]3 years ago
8 0

Which accounting principle dictates whether the cost of a repair should be​ expensed?

d. matching

As per matching concept, All revenues have to be recorded along with expenses incurred to earn those revenues. Thus, revenues need to be accounted.

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