wk 7 discussion - Does the suggestion by the vice president as to how to record the sale violate any accounting principle If so explain the principle it

wk 7 discussion - Does the suggestion by the vice president...

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Does the suggestion by the vice president as to how to record the sale violate any accounting principle? If so, explain the principle it violates. Yes, it violates the matching principal. The matching principle states that all expenses must be matched in the same accounting period as the revenues they helped to earn and in this scenario by definition this is a violation. What would you do? Write a brief memo to the vice president

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