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What are Accounting Concept?
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Answer Posted / bashir a.y.i
these are set of guiding principles that are used to
minimise differece in the preparation and interpretation of
financial statement. some of the major convention include;
1. going concern
2. matching and accruals
3. prudency
4. realisation
5. entity
| Is This Answer Correct ? | 12 Yes | 8 No |
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