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What would be the effects if a business didn't follow the matching principle?

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User Adena
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Matching principles refers to that the expenses incurred during a period be recorded in the same period in which the related revenues are earned.

If a Business fails to follw the principle It may not be able to create proper financial statements and that may provide an inaccurate current position of the business

Hope it helps
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User Deepak Bala
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