[Verse 1] When a company spends its money on the things it needs to grow There's a rule about the timing that all accountants need to know You can't just write expenses down the moment that you pay There's a principle called matching that will guide you on your way [Chorus] Match the cost with revenue earned That's the lesson to be learned When they go together hand in hand Record them both, that's how we planned Matching principle, timing's right Expenses flow with revenue's light Match the cost with revenue earned That's the matching principle learned [Verse 2] If you sell a product in December but you bought supplies in June Don't record that cost in June, wait for the revenue tune The expense goes with the sale, they dance together as a pair This matching keeps our books correct and financials clean and fair [Chorus] Match the cost with revenue earned That's the lesson to be learned When they go together hand in hand Record them both, that's how we planned Matching principle, timing's right Expenses flow with revenue's light Match the cost with revenue earned That's the matching principle learned [Bridge] Sometimes you'll pay cash today But hold that expense for another day Wait until you earn the sale Then let both stories tell their tale Accrual basis is the way Not when cash changes hands today [Verse 3] Salaries, rent, and interest too Follow matching through and through If they help you earn today Record the cost without delay But if they're for future gains Hold them back until it pays [Chorus] Match the cost with revenue earned That's the lesson to be learned When they go together hand in hand Record them both, that's how we planned Matching principle, timing's right Expenses flow with revenue's light Match the cost with revenue earned That's the matching principle learned [Outro] Revenue and expenses dance as one Matching principle gets the job done
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