what is matching concept
- 10 Answers
- 12238 Views
- Capital IQ, ITC Infotech, I also Faced
- E-Mail Answers
Answer Posted / shreeram
The matching concept is an accounting principle that
requires the identification and recording of expenses
associated with revenue earned and recongnized during the
same accounting period
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
what is profit and loss(dr) in cash flow statement?
What is account in accounting?
what are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?
Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????
What is the difference between accrual
How use Budget in SAP, i want to see the report of variant between budget and actuals.
Tell me what is the abbreviation for the accounting terms debit and credit?
If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now and how it possible? What about vat like tax setups in ap and ar? What about the sweep command in ap?
What is the rate of penalty charged when the given Vat Cheque dishonoured?
Hi, Mobile manufacturing given a mobile phone as a gift to their employee. What journal entry we need to pass in company point of view.
What are the 5 basic accounting principles?
how in the big companies the budget are prepared and controlled?
Define dual aspect term in accounting?
please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.
Capital secure should be shown in which side of the balance sheet?
