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.

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The accounting concept that states expenses should be matched with the revenues they helped to produce is the MATCHING PRINCIPLE.

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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Confirmed by andrewpallarca [9/15/2014 1:32:00 AM]

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Updated 9/14/2014 6:34:48 PM

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emdjay23

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