what is GAAP?
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Answer / narayana.mrs
Generally accepted accounting principles, conventions,
rules and provedures necessary to define accepted
accounting practce at particulartime.the highest level of
such principles are set by the finacial accounting
standards board
| Is This Answer Correct ? | 11 Yes | 0 No |
Answer / murali. r
Generally Accepted Accounting Principles. A widely accepted
set of rules, conventions, standards, and procedures for
reporting financial information, as established by the
Financial Accounting Standards Board.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / sarika ghadge
Generally Accepted Accounting Principles.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / nimmasudhakar reddy
genarally accepted acounting principles .widly rulus
,convention , procidures and reporting
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / deepak tiwari
GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. GAAP consist of
rules and procedures that defines accepted accounting practices.
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The Trial Balance of M/S Ram & Co,Shows chosing stock of Rs,30000. It will be recorded in: - .................. (a) Trading A/c; (b) Profit & Loss A/c; (c) Balance Sheet; (d) Both (a) & (b)
EXPAND___________MITI
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