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The matching theory is the idea that when revenues are recorded, associated expenses need to be recorded concurrently. As an example, stock might be billed to the price of products concurrently that a company proprietor received income from the sale of such stock objects.

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Travelling charges signifies expenditures linked to travel from 1 place to a different location by man or woman for the goal of organization.

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Mr.x obtained a developing for fifty five million dollars and took depreciation on it for finish 39 several years and now his son would like to market the creating but as he...

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