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what are accounting concepts?,what is the use of
commerce?,what is accounting conversation?

Question Posted / ravi


what are accounting concepts?,what is the use of commerce?,what is accounting conversation?..

Answer / nrusingh panda

business entity concept,going concern concept,money
measurement concept,cost concept,dual aspect
concept,accounting period concept,matching
concepts,realisation concepts and objective evidence
concept.

the term conventions denotes customs or traditions which
guide the accountant while preparing statements.

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