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What are Accounting Concept?
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Answer Posted / murali royal
Accounting concepts: Means The basic conditions and basic
assumptions based on accounting is done.
Concept: Means an idea or notion or thought which should be
accepted by universal.
They are:
1. Accrual concept
2. Accounting period concept
3.Business entity concept
4.Cost concept
5.Dual aspect concept
6.Money measurement concept
7.Matching concept
8.Going concern concept
9.Historical concept
10.Realization concept
| Is This Answer Correct ? | 23 Yes | 0 No |
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Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir
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