Solution-Which is not a good example of the matching

Which is not a good example of the matching principle

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Reference no: EM132641295

Problem 1: Which of the following is not a good example of the matching principle?

a) A machine that produces certain goods is depreciated over its useful life. The depreciation expense is matched with the proceeds from the sale of those goods.

b) Recognition of revenue for which associated expenses cannot yet be determined is delayed until such determination can be made.

c) The entire amount of a two-year insurance premium is expensed in the first year.

d) An uncollectible receivable is written off in the year that the sale was made.

Reference no: EM132641295

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Which is not a good example of the matching principle

Reference no: EM132641295

Reference no: EM132641295

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