Accounting Stuff

The Matching Principle stays that _____ . Can you fill in the blank?

1 week ago | [YT] | 228



@AccountingStuff 

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1 week ago | 0

@clementgavi7290

Assets must be equal to equity + Liabilities is also a matching principle. That principle is an accounting equation. This equation given by matching function assets = equity + liabilities is a principle.

1 week ago (edited) | 1  

@ObitoUchiHa3-u8m

So matching principle is same as accurual principle

1 week ago | 3  

@TravelRah

Is this for bother perpetual the perpetual and periodic inventory systems as well?

1 week ago | 0