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Meru Accounting

What is The Matching Principle and Why Is It Important?

What is The Matching Principle and Why Is It Important?

Matching Principle Definition: The Matching principle is a fundamental accounting principle that requires a company to record expenses in the same period as the related revenues. The Matching principle is based on the idea that a company should only report income and expenses in the same accounting period in which they were incurred, regardless of […]


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