multiple choice question the accounting principle that governs the recording of bad debt expense in the same…

multiple choice question the accounting principle that governs the recording of bad debt expense in the same period as sales revenue is called the expense recognition (matching) principle revenue recognition principle time period assumption

multiple choice question the accounting principle that governs the recording of bad debt expense in the same period as sales revenue is called the expense recognition (matching) principle revenue recognition principle time period assumption

Answer

Brief Explanations:

The expense recognition (matching) principle in accounting requires that expenses be recognized in the same accounting period as the revenues they help to generate. Recording bad - debt expense in the same period as sales revenue follows this principle. The revenue recognition principle deals with when to recognize revenue, and the time - period assumption divides the entity's activities into specific time periods but is not about matching expenses and revenues.

Answer:

expense recognition (matching) principle