What are accounting Principles?
- 152 Answers
- 297296 Views
- Accounting, Banking, Eskom, EXL, Finance, Fluor Daniel, Genpact, HSBC, IBM, Infosys, JPMorgan Chase, State Bank Of India SBI, Syntel, Vibha Seeds, Wipro, Wrox, I also Faced
- E-Mail Answers
Answer Posted / gopi kanth
Personal,Real,Nominal are not principles of accounts.
They are types of accounts are called golden rules.
As per Accounting standard 1 following are principles of
accounts basically on which financial statements are
prepared.
1.Going concern.
2.Accuracy.
3.Consistancy.
| Is This Answer Correct ? | 370 Yes | 153 No |
Post New Answer View All Answers
What is the source of funds for RRBs?
Do bank charge for overdraft protection service?
who are the major players in market providing loans against rent receivables
Is there any possibility of any outside force to manipulate the market?
What help does effective marketing provide with?
What are functions of Banks and how does banking affect the economy of the country?
When Extra Shares Applications Are Refunded, What Entry Will Be Passed?
What is Plastic currency?
Who are our major competitors and what differences do you notice in our Banking products?
What Documents Do I Need To File In A Chapter 7 Case?
What is electronic clearing of cheques?
What Is Interest Expense?
Does leasing release the firm from bad investment? Explain.
What Are The Rights And Obligations Of The Buyer And Seller For The Call And Put Options?
What is TDR/ STDR?
