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
basic accounting Assignment

Cost sheet is sheet Where all the cost should be recorded which related to the produc.

A document or shape used by a customer to issue an order for goods or services. I need notes on 1.Procure to pay cycle with accounting entries 2.give to cash

Q. FIFO under periodic inventory procedure? The FIFO (first-in, first out) method of inventory costing suppose that the costs of the first goods purchased are those charged to

Q. Explain about Freight collect? Freight collect indicates the buyer should initially pay the freight bill on the arrival of the goods. To demonstrate the use of these terms s

Note: All illegible answers will be marked incorrect, so please write legibly. If you type and submit the print out of your homework (not email), you will receive 5 points extra cr

User accounts are the primary means of access for actual people to the system (computer), and these accounts insulate the user and the environment, preventing the users from damagi

Determining the Discount Rate XYZ (APP) Ltd is a biotechnology company that recently listed on the Australian Securities Exchange (ASX). As such, XYZ Ltd has very limited stoc

1. Fill in the table below.  Assume TC stands for Total Cost, TFC as Total Fixed Cost, TVC as Total Variable Cost, ATC as Average Total Cost, AFC as Average Fixed Cost, AVC as Aver

Explain about the RECORDING PURCHASES Source document for recording a purchase of merchandise is purchase invoice. o An instance of a transaction of purchasing merchandise