Depreciation, amortization, and depletion are all applications of the matching principle.

Name: Depreciation, amortization, and depletion are all applications of the matching principle.
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Depreciation, amortization, and depletion are accounting methods that allocate the cost of long-term assets over their useful lives. This matches the cost of the asset with the revenue it generates, as required by the matching principle of accounting.

Depreciation, Amortization, and Depletion Are All Applications of the Matching