list out the accounting concepts and explain the accural
concept
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Answer Posted / aditya
1-seperate entity concept.
2-going concern concept.
3-cost concept.
4-money measure ment
5-realisation concept
6-accounting period concept.
7-matching period of revenue and expenses.
8-dual concept.
accrual concept-this is the accounting method that the revenue
and expenses would be recorded as they accrue evn if cash woiuld
nt be received.
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