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What is matching principle

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What is matching principle

    • Posted by Rikku Mahto 7 years, 6 months ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Himanshu Jha 7 years, 6 months ago

    Thus, if there is a cause-and-effect relationship between revenue and the expenses, record them at the same time. If there is no such relationship, then charge the cost to expense at once.

    1Thank You

    Himanshu Jha 7 years, 6 months ago

    Matching principle means recording of revenues and expenses in the same period .

    1Thank You

    Rikku Mahto 7 years, 6 months ago

    Please

    0Thank You

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