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Answer Posted / 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
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