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matching principle (EN)
woordgroep

woordgroep “matching principle”

  1. (in rekeningkunde) die beginsel wat vereis dat uitgawes in dieselfde tydperk as die inkomste wat hulle help genereer, aangeteken word.
    Even though we paid for the material on January 7 2023, according to the matching principle, the expense was recorded as an accrued expense in 2022 to avoid making our financial statements look better than in reality.