accounting concepts
Answers were Sorted based on User's Feedback
Answer / k.sravanthi
They are 10 concepts.They are as follow:
1.Business Entity concept
2.Going Concern concept
3.Money Measurement concept
4.Cost concept
5.Accounting Period concept
6.Dual Aspect concept
7.Matching concept
8.Realization concept
9.Accrual concept
10.Objective Evidence concept.
The above are Accounting Concepts..
| Is This Answer Correct ? | 46 Yes | 1 No |
Answer / guest
busines entity concept
dual concept,accounting equation concept,balance sheet concept
money measurement concept
going cocern concept
cost concept
accounting concept
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / ravichandra
going concern concept
Money measurement concept.
Dual accept concept.
accounting periodic concept
M aching concept
Realization concept
cost concept
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / a.praveen
They are 10 concepts for accounting.They are as follow:
1.Business Entity concept
2.Going Concern concept
3.Money Measurement concept
4.accrual concept
5.Accounting Period concept
6.Dual Aspect concept
7.Matching concept
8.Realization concept
9.cost concept
10.Objective Evidence concept.
The above are the Accounting Concepts
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / g.sivakumar
business entity, money measurement, going concern, cost,
dual aspect, accounting period, matching,realisation,
objective evidence&accural.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / mohammad shahid
There are mainly 4 concepts.
1. Business entity concept
2. Going concern Concept
3. Consistency concept
4. Accrual concept
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / moorthy_kani
debit the receiver
credit the giver
its called personal ac
debit what comes in
credit was goes out
its called real ac
debit all expenses and loss
credit all income and gains
its called nominal ac
| Is This Answer Correct ? | 18 Yes | 26 No |
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