what are accounting principles

Answer Posted / mitali jain

Accounting principles are specific methods adopted by
enterprise which are applied in the preparation and
presentation of financial statements.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

explain Dual entry concept

1515


Let me know the difference between cash flow and free cash flow

1598


what is composition vat

1935


what is pre post expenses

3961


My BASIC Salary is 18,000

1269






What is outsider equity and time interest period ratio?

1455


what are the certificates needed at the time of SBI clerical interview?

1582


.,can someone tell me how to compute the subscribed capital share?

1836


Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.

2699


what is sales life cycle???

1531


What are different types of reports made in tally

1815


WHAT TYPES OF ESSAYS ARE GIVING IN BANK OF AMERICA? CAN ANY ONE HELP ME

1398


Which element do you need to enter during document posting to distinguish between international and local GAAP (generally accepted accounting principle)?(any 2 answer) • Account group for the account approach • Ledger for the ledger approach • Ledger group for the ledger approach • Account for the account approach

2742


EXPAND___________INMA

1544


where is suspense entry is entered in tally erp9

1006