What are the accounting principles or concepts.Expalin briefly.
Answer Posted / mohammed enayath ali ( hyd)
Accounting concepts:
1)Separate entity concept
2)Going concern concept
3)Cost concept
4)Dual aspect concept
5)Accounting period concept
6)Periodic matching of cost and revenue concept
7)Realization concept
Is This Answer Correct ? | 9 Yes | 2 No |
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