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Sliva [168]
3 years ago
5

Explain how maintaining a provision for doubtful debts is an application of the principle of Matching

Business
1 answer:
erica [24]3 years ago
4 0

Answer: The Matching Principle says that we should recognize expenses in the same period that it has helped generate revenue. Thus, recognizing an allowance for doubtful debts for the year resulting from sales would satisfy that principle.

Explanation:

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A market research study of soft drink consumption and distribution in Hungary commissioned by an American company indicated that
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comparability of data

Explanation:

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Sellers of a good bear the larger share of the tax burden when a tax is placed on a product for whicha.the supply is more elasti
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Answer:

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Explanation:

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