Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / t.r.n. sivakumar
Accounting principles consist of Accounting Concepts and
Accounting Conventions.
Accounting Concepts:
1. Business entity concept.
2. Dual Aspect concept
3. Accounting period concept.
4. Money measurement concept.
5. Realisation concept.
6. Matching concept.
7. Accrual concept.
8. Cost concept.
9. Going concern concept.
10.Rupee concept.
Accounting Convention:
1. Convention of consistency.
2. Convention of convervatism.
3. Convention of full disclosure.
4. Convention of materiality
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
business sepsarate entity concepts
what type of questions are asking for fund administration???
which Electrical items is Exciseible
The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
how to entery pass in tally when items damage(items insured)and claim to insurance co.
who introduces the single entry format?
Expand--------SRTA
Expand ________FOR
WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?
Meaning of portfolio management?
What is Going Concern, What is Dual Entry , What is Business entity and what are the names of Stock exchanges and currency of some countries, stock market related questions, Exchange rates, Banks and other informations
where we use the convetion of conservatisam in real life??
What is the Branch Accountant Responsbilities ?
Can I freeze my account?
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
