What are accounting Principles?

Answer Posted / ruchi singh

Accounting Principal are those set of standard that is use
by the accountant worldwide while recording accounting
transaction.
Principals divide into two parts.
1- Accounting Concept
2-acounting convension

Is This Answer Correct ?    579 Yes 209 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the leadership qualities you have?

653


Name the authority that mint coins in india and also name the places where the minting operation is processed?

697


How is a Bill of Exchange discharged? (

2366


What is kcc and in which year was it introduced?

627


What Are The Rights And Obligations Of The Buyer And Seller For The Call And Put Options?

621






What are your opinions on the Greek crisis? What's going on in China?

631


Explain liquid ratio/ acid ratio/ quick ratio.

599


what is the difference between capital budgeting and working capital management?

4164


Do you know RBI current policy and reserve rates?

615


why do you choose MBA finance after your IT engineering?

5528


What is the Full form of IMPS and what are the features and benefits?

651


How can we utilize your skills?

664


Who are the bharat ratna awardees, 2014?

572


i hav been selected for gd-pi of icici po 2012 may batch. m looking for its interview questions. can ny1 help??

2777


What do you mean by return on capital employed?

640