Matching principle, Accounting Basics

Which accounting policies demonstrate the matching principle? 

1 charging depreciation on non-current assets
2 revaluing non-current assets on a irregular basis
3 using the reducing balance method of depreciation
 
A  1, 2 and 3
B  1 and 2 only
C  1 and 3 only
D  2 and 3 only

please answer this question.

Posted Date: 2/12/2013 6:48:49 AM | Location : United States







Related Discussions:- Matching principle, Assignment Help, Ask Question on Matching principle, Get Answer, Expert's Help, Matching principle Discussions

Write discussion on Matching principle
Your posts are moderated
Related Questions
current and non current liabilties

A lobster catcher spends $12 500 per month to maintain a lobster boat.  He plans to catch an average of 20 days per month during lobster season.  For each day, he must allow approx

Accounting Standards  The flexibilities offered by a choice of accounting treatments distinctly diminish, and even distort the comparability of relevant inform

Q. Illustrate a sales cycle of company? When exploratory a company's management, sales cycle and users of financial data must be aware of any seasonal changes that may affect i


The Dividends account increases (debited) as well as an asset cash decreases (credited) by USD 3000. Transaction 15 brings to a close the analysis of the Micro Train Company transa

Discuss and give reasons why a business would act in a socially responsible manner. Part A:  'Two of the key accounting reports available to users of accounting informati

Though the results of the operations of an exact enterprise can be termed as precisely only after the business has ceased to control, its assets have been sold off and responsibili

Q. What is Date column in journal? The first column on every journal page is for the date. Intended for the first journal entry on a page this column contains the year and mont

#What kinds of risks does a firm like Amazon.com face with respect to safeguarding its assets? What types of controls do you think it already has in place to minimize these risks?