Question

2. Accounting is the process of matching​

Answer 1

Explanation:

Accounting is the process of matching Revenues and costs. The matching concept is an accounting practice whereby firms recognize revenues and their related expenses in the same accounting period. Firms report "revenues," that is, along with the "expenses" that brought them.

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Answer 2

Answer:

Hey mate,

Accounting is the process of matchingRevenues and costs. The matchingconcept is an accounting practice whereby firms recognize revenues and their related expenses in the sameaccounting period. Firms report "revenues," that is, along with the "expenses" that brought them.

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