Answer
Expense recognition principle
Work Step by Step
Expense recognition principle calls for recognition of expense alongside the affiliated income, which sponsors capitalization and amortization of intangible assets.
Intermediate Accounting 14th Edition
by Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry D.
Published by
Wiley
ISBN 10:
0470587237
ISBN 13:
978-0-47058-723-2
Chapter 2 - Conceptual Framework for Financial Reporting - Exercises - Page 73: E2-7c
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