Matching accounting principle
0:27
YouTubeThe Finance Storyteller
Matching accounting principle
The matching principle. What belongs where, and when? Revenues and any related expenses (like cost of goods sold) are to be recognized together in the same reporting period, and/or expenses should be recorded during the period in which they are incurred. Philip de Vroe (The Finance Storyteller) aims to make accounting, finance and investing ...
7.5K viewsJul 10, 2023
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