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Matching concept

Accountancy

How are bad debts an exception to the Matching concept?

Aman Mahajan

Aman Mahajan

CA Final

★ 19K+

08-Jan-21 12:03

575

Answers (1)

There is only expense/reduction in value of an asset. Income would have been recognised earlier.

CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

08-Jan-21 12:12

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