asked 44.7k views
0 votes
ACCOUNTING - The matching concept

a. requires that the dollar amount of debits equal the dollar amount of credits on a trial balance
b. states that expenses related to revenue be reported at the same time the revenue is reported
c. addresses the relationship between the journal and the balance sheet
d. determines whether the normal balance of an account is a debit or credit

1 Answer

6 votes
b. states that expenses related to revenue be reported at the same time the revenue is reported
answered
User Cw
by
8.2k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.