What are accounting Principles?
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Answer Posted / shruti
accounting is treated by some expert as science.science is
based on certain laws n principles. so accounting
principles are some rules or norms of accounting, on which
whole accounting is based.
ex. of accounting principles are business entity concept,
money measurement concept, cost concept, double entry
concept etc
| Is This Answer Correct ? | 639 Yes | 242 No |
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