What are accounting Principles?
Answer Posted / komal
accounting principals are uniform set of rules or
guidelines developed to enshure uniformity and easy
understanding of of the accounting information.
types of accounting principals
1.accounting of concept
2.accounting of convention.
*accounting of concept;
1business entity concept
2money measurement concept
3going concern concept
4accounting period concept
5cost concept
6dual aspect concept
7revenur recognisation concept
8matching concept
9accrual concept
10objective concept
accounting of convention;
1convention of full disclosure
2convention of meterariality
3convention of conservatism
4convention of consistency
Is This Answer Correct ? | 30 Yes | 2 No |
Post New Answer View All Answers
How is cheque is different from boe?
explian Mobile Banking?
Explain about NBFCs?
Which is the first bank that was incorporated at the initiative of world bank and in which year?
how to explain an excellent self introduction or about u r self?
Is it possible to restrict the premium payment for a lesser number of years than the duration of the policy?
HOW DO YOU DEFINE RESEARCH? AND EXPLAIN HOW RESEARCHH HELPS FOR BETTER DECISION MAKING IN A FMCG COMPANY.
What is a favorable balance of trade?
What is CAG?
what is the main difference between micro and macro economics?
What is the use of PPF Account? How will you define it?
What is the cad?
What is Crossed Cheque ?
Define Banking and what are the other services provided by the banks?
What is the age limit for the clerk recruitment in tmb?