1.

What Are The Accounting Concepts ?

Answer»

Accounting concepts are the basic assumptions on which the process of accounting is based. 

Following are the accounting concepts

  • Business ENTITY Concept
  • DUAL Aspect Concept
  • Going Concern Concept
  • Accounting Period Concept
  • Cost Concept
  • Money Measurement Concept
  • MATCHING Concept

Accounting concepts are the basic assumptions on which the process of accounting is based. 

Following are the accounting concepts



Discussion

No Comment Found