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متابعة

Accrual accounting is based on this principle/guideline?

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تم إضافة السؤال من قبل Imdad Hussain Rajput , Assistant Sales Manager , Forego
تاريخ النشر: 2015/08/04
Jawad Ali Ali
من قبل Jawad Ali Ali , Accounts Officer , Educational Excellence Limited

The accrual accounting concept of play between accrual and cash basis is a fundamental difference. Machining concept, income reported in the same period that joined with costs.

Answer is :01  

Machining concept

مستخدم محذوف‎
من قبل مستخدم محذوف‎

1. Matching ....................................................................

Under the accrual basis of accounting, expenses are matched with the related revenues and/or are reported when the expense occurs, not when the cash is paid.

Ahmer Zamir
من قبل Ahmer Zamir , Consultant , Saleem Associates & Co

The correct option is1) Matching

Mehboob Ali Laghari
من قبل Mehboob Ali Laghari , Social Mobilization Team Incharge , TRDP-European Union

Option1 is more likely to be true