Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: Which of the following accounting principles requires depreciation? (Points : 1) The revenue recognition principle The matching principle The reliability principle
The entity concept
A: The matching principle required depreciation.
Get an answer
Original conversation
User: Which of the following accounting principles requires depreciation? (Points : 1) The revenue recognition principle The matching principle The reliability principle The entity concept

Weegy: The Revenue Recognition Principle states that revenue should be recorded only when the revenue generation process has been substantially completed, and an exchange has taken place. [ [ It is a restatement of the old maxim: "Don't count your chickens until they are hatched." ] ]
Expert answered|hlvsmily|Points 10|



Question|Rated good
Asked 2/16/2013 11:52:47 AM
Updated 2/17/2013 7:24:01 AM
2 Answers/Comments
This conversation has been flagged as incorrect.
Flagged by debnjerry
New answers
Rating
3
The matching principle required depreciation.
Added 2/16/2013 12:07:43 PM
This answer has been added to the Weegy Knowledgebase
Comments
thank You weegy for your answer
Added 2/17/2013 7:24:01 AM
Add an answer or comment
Log in or sign up first.
25,808,462 questions answered
Popular Conversations
Which of the following countries has the highest number of Fortune ...
Weegy: UNITED STATES has the highest number of Fortune 100 companies.
8/23/2017 1:32:10 AM| 0 Answers
Plot, character, and setting do not affect one another. True False ...
Weegy: Plot, character, and setting do not affect one another. FALSE. User: The words he said are considered ...
8/18/2017 8:46:59 AM| 0 Answers
Weegy Stuff
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 4 [Total 4] Ratings 0 Comments 4 Invitations 0 Offline
S
Points 3 [Total 3] Ratings 0 Comments 3 Invitations 0 Offline
S
Points 2 [Total 3] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.