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what are concepts and conventions of accounting
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Answer Posted / bhela sagar sahu
there are 9 concept &4 convention in accounting namely,
business entity concept,goingconcern concept,accounting
period concept,matching concept,money measurement
concept,dual aspect concept,cost concept,realisation
concept,accrual concept & the convention are Convention of
disclosure,Convention of materiality, Convention of
consistency, Convention of conservatism
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