Question : 101.Clinton prepares monthly financial statements. Which of the following violates : 1237564
101.Clinton prepares monthly financial statements. Which of the following violates the matching principle? A.A portion of the salary payments made this month are not recognized as expense because some of the work was done by employees last month. B.The premium on a six-month insurance policy is charged immediately to expense. C.Expenses for the period exceed revenues. D.The cost of advertising […]