That expenses be ignored if their effect on the financial

The matching principle requires:

1. That expenses be ignored if their effect on the financial statements are less important than revenues to the financial statement user

2. The use of the direct write-off method for bad debts

3. The use of the allowance method of accounting for bad debts

4. That bad debts be disclosed in the financial statements

5. That bad debts not be written off

Gianna tuck is an accountant for post pharmaceuticals her : gianna tuck is an accountant for post pharmaceuticals. her duties include tracking research and development spending in

Kindly i need to rephrase the following sentences in : kindly i need to rephrase the following sentences in contemporary language to be more suitable and professional for my

Total asset turnover is calculated by dividing gross profit : total asset turnover is calculated by dividing points 21. gross profit by average total assets2. average total

Pepsis accounts receivable turnover was 99 for this year : pepsis accounts receivable turnover was 9.9 for this year and 11.0 for last year. cokes turnover was 9.3 for this year

That expenses be ignored if their effect on the financial : the matching principle requires1. that expenses be ignored if their effect on the financial statements are less

In comparing two investment alternatives the difference : in comparing two investment alternatives the difference between the net present values of the two alternatives obtained

The maturity date of a note receivableis the day of the : the maturity date of a note receivable1. is the day of the credit sale2. is the day the note was signed3. is the

The normal selling price of the product is 5110 per unit an : elhard company produces a single product. the cost of producing and selling a single unit of this product at the

Are additional costs of plant assets that do not materially : revenue expenditures1. are additional costs of plant assets that do not materially increase the assets life or its