Assigning revenues to the accounting period in which goods were sold or services rendered and expenses incurred is known as
A passing of entries
B consistency convention
C matching concept
D adjusting for revenue
Answer is C
Tutors, Past Questions and Projects.
Assigning revenues to the accounting period in which goods were sold or services rendered and expenses incurred is known as
A passing of entries
B consistency convention
C matching concept
D adjusting for revenue
Answer is C
