Cost or expenses must be recorded at the same time as the revenue to which they correspond is specified by which principle?
According to the Matching Principle, expenses should be recognized in the same period as the revenues they helped generate, regardless of when the actual cash payment occurs. This principle ensures that the financial statements reflect the true profitability of a business by matching the expenses incurred to generate revenues in the same accounting period.
Which country has been highlighted for not moving as many people to non-agricultural jobs as its neighbors?
In November 2021, INS Visakhapatnam got inducted Indian Navy at the Western Naval Command in Mumbai. It is constructed by ______________.
Pakistan skipper Babar Azam and __________ Rachael Haynes have been named the ICC Men’s and Women’s Players of the Month for March 2022.
India extended what amount of credits to Maldives to overcome the financial crisis?
________ has signed a MoU with Amazon Kisan to combine strengths and create synergy between the two organizations for guiding the farmers on the scien...
Which country won the Squash World Cup 2023 title?
Government has announced a Centrally Sponsored Scheme namely, “New India Literacy Programme” (NILP) for implementation during five years from _____ ...
What does the State of the Cryosphere Report 2023 warn about the impact of a 2°C global warming scenario?
Recently which state announced to again launch the ‘ go to school ’ programme with a new scheme ‘ earn with learn ’ ?
In which of the following years was the Second Round Table Conference in London held?