what is accounting standard?

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what is accounting standard?..

Answer / jyoti

acounting standard is a format of account. on that basis different accounts are prepared. for e.g AS-14 is of accounting for amalagation.

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what is accounting standard?..

Answer / rikki

accounting standard is some classification of accounting
entries which have to follow while entires and at the time
of trading the profit and loss a/c

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