Witty Comics
Hello make a comic | login | join | faq | puzzle newsletter | make friends | draw pictures

Matching Principle by IChickenNuggetI on 09-19-2016
Eric, Do you know what a matching principle is in accounting?
No.
Well, the Matching Principle is when you record the expenses in the same time as the earnings.
hmmm.......
You do this so that it doesn't look like you took a loss when you record an expense and your revenue doesn't come up till later in the year.
yep.
vote: votevotevotevotevote | login to vote | log in to flag this comic as inappropriate
View this comic as XML | printer friendly
<< More Comics Matching Principle 2 >>