Assigning revenues to the accounting period in which good...
Assigning revenues to the accounting period in which goods were sold or services rendered and expenses incurred is known as
Passing of entries
Consistency convention
Matching concept
Adjusting for revenue
Correct answer is C
No explanation has been provided for this answer.
Sales - #232,000 Opening stock - # 28,000 Purchases - #128,000 Carriage inwards - # 4,000 Carria...
Which of the following is a not revealed by a firm's accounting records? ...
An advantage of the use of the voucher system is that it? ...
Which of the following is a signatory to federal government account? ...
The reduction in value of goodwill is ...