Business, 04.10.2020 06:01 school7067

7.The matching principle requires that: A. revenues earned and expenses incurred in generating those revenues should be reported in the same income statement. B. non-operating gains and losses should be netted against each other. C. a proportion of each dollar collected will be assumed to be a recovery of cost. D. assets will be matched to the liabilities incurred to purchase them.

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7.The matching principle requires that: A. revenues earned and expenses incurred in generating those...

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