Business, 08.04.2020 01:58 hahalol123goaway

The following does not describe the matching principle

a. Expenses are recorded in the same period as the revenues they helped generate
b. Expenses are reported on the income statement when related revenue is recognized
c. Expenses are reported on the income statement when cash is paid
d. Expenses are reported on the income statement regardless of when cash is paid

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The following does not describe the matching principle

a. Expenses are recorded in the...

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