Matching principle, Accounting Basics

Assignment Help:

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.


Related Discussions:- Matching principle

Trading profit & loss, trial balance as at may 31 19*6 ...

trial balance as at may 31 19*6 dr cr sales 400000 purchases 350000 sales return 5000 purchases return

After the accounts are adjusted and closed at the end, After the accounts a...

After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $673,400, and Allowance for Doubtful Accounts has a balance of $11,90

General-purpose financial statements, Q. General-purpose financial statemen...

Q. General-purpose financial statements? Accountants prepare general-purpose financial statements at usual intervals to meet many of the information needs of external parties a

Replenishing the petty cash fund, Replenishing the Petty Cash Fund Debi...

Replenishing the Petty Cash Fund Debit every expense account, supplies, or drawing as needed. Credit to Cash. Petty Cash is only debited when fund is established or increased.

Macrs, define Macrs in detail

define Macrs in detail

The sneed corporation issues 10, The Sneed Corporation issues 10,000 shares...

The Sneed Corporation issues 10,000 shares of $50 par value preferred stock for cash at $75 per share. The entry to record the transaction will consist of a debit to Cash for $75

Debit/credit, how do we credit debit cash received from owner

how do we credit debit cash received from owner

What is articulate, Q. What is Articulate? The fundamental accounting c...

Q. What is Articulate? The fundamental accounting concept of the double-entry method of recording transactions. Under the double-entry approach each transaction has a two-sided

Asset, what is accounting

what is accounting

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd