The amount of income taxes expense appearing on a corporation's income statement must be calculated in accordance with the matching principle.

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The matching principle requires that expenses be matched with revenues in the period in which they were incurred, regardless of when payment is made. This means that income taxes expense must be recorded in the period to which they relate, based on the amount of taxable income earned during that period. Therefore, the amount of income taxes expense appearing on a corporation's income statement must be calculated in accordance with the matching principle.

The Amount of Income Taxes Expense Appearing on a Corporation's