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The accounting concept that states expenses should be matched with the revenues they helped to produce is the (Points : 3) contra-account principle. allowance method. matching principle. uncollectible accounts technique.
The accounting concept that states expenses should be matched with the revenues they helped to produce is the MATCHING PRINCIPLE.
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andrewpallarca|Points 42685|
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Asked 9/14/2014 6:14:19 PM
Updated 9/15/2014 1:32:00 AM
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This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [9/15/2014 1:32:00 AM]
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A written agreement containing the various provisions under which a partnership is to operate is known as a partnership agreement. True False
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The matching concept states that expenses incurred to produce particular revenues should be matched with those revenues. True or False
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Updated 9/14/2014 6:34:48 PM
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The matching concept states that expenses incurred to produce particular revenues should be matched with those revenues.- This is TRUE.


Added 9/14/2014 6:34:48 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/15/2014 4:30:27 AM]
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