what is matching principle in accounting
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The matching principle is an accounting concept that dictates that companies report expenses. These expenses are usually paired up against revenue via the the matching principle from GAAP (Generally Accepted Accounting Principles). at the same time as the revenues.
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=>The matching principle is an accounting concept that dictates that companies report expenses. These expenses are usually paired up against revenue via the the matching principle from GAAP (Generally Accepted Accounting Principles). at the same time as the revenues.
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