accounting concepts

Answers were Sorted based on User's Feedback



accounting concepts..

Answer / k.sravanthi

They are 10 concepts.They are as follow:
1.Business Entity concept
2.Going Concern concept
3.Money Measurement concept
4.Cost concept
5.Accounting Period concept
6.Dual Aspect concept
7.Matching concept
8.Realization concept
9.Accrual concept
10.Objective Evidence concept.

The above are Accounting Concepts..

Is This Answer Correct ?    46 Yes 1 No

accounting concepts..

Answer / guest

busines entity concept
dual concept,accounting equation concept,balance sheet concept
money measurement concept
going cocern concept
cost concept
accounting concept

Is This Answer Correct ?    3 Yes 0 No

accounting concepts..

Answer / ravichandra

going concern concept
Money measurement concept.
Dual accept concept.
accounting periodic concept
M aching concept
Realization concept
cost concept

Is This Answer Correct ?    4 Yes 2 No

accounting concepts..

Answer / a.praveen

They are 10 concepts for accounting.They are as follow:
1.Business Entity concept
2.Going Concern concept
3.Money Measurement concept
4.accrual concept
5.Accounting Period concept
6.Dual Aspect concept
7.Matching concept
8.Realization concept
9.cost concept
10.Objective Evidence concept.

The above are the Accounting Concepts

Is This Answer Correct ?    2 Yes 0 No

accounting concepts..

Answer / g.sivakumar

business entity, money measurement, going concern, cost,
dual aspect, accounting period, matching,realisation,
objective evidence&accural.

Is This Answer Correct ?    2 Yes 0 No

accounting concepts..

Answer / mohammad shahid

There are mainly 4 concepts.
1. Business entity concept
2. Going concern Concept
3. Consistency concept
4. Accrual concept

Is This Answer Correct ?    0 Yes 0 No

accounting concepts..

Answer / moorthy_kani

debit the receiver
credit the giver
its called personal ac

debit what comes in
credit was goes out
its called real ac

debit all expenses and loss
credit all income and gains
its called nominal ac

Is This Answer Correct ?    18 Yes 26 No

Post New Answer

More Accounting General Interview Questions

We purchased packing material against H form condition, without Sales Tax, Now against we want issue C form to party with payment of CST 2%, C form issue only Basic amount, or including CST amount?

1 Answers   Wipro,


journal entries

2 Answers  


How to File CST & VAT?

1 Answers   IBM,


what is opening stock formula?

0 Answers  


Do you know company's payable cycle?

0 Answers  






Name Financial Institutions available in Indian Industry to meet financial needs ? and their objectives ?

0 Answers  


instead of clicking backup,i selected restore in tally7.2 and all my data is lost and i also forgot the comapny name,which i wanted to restore?how to recover my data?

1 Answers  


what is basic general accounting.

0 Answers   Genpact, Helios Pharmaceuticals,


What is short term solvency ratio?

0 Answers  


What is difference between accounts and finance?

11 Answers   Genpact,


WHAT IS R/3 IN SAP.

2 Answers  


credit rating

1 Answers  


Categories