What Do You Mean By Accounting Concepts? List Them.

1.	What Do You Mean By Accounting Concepts? List Them.
Answer» Accounting concepts are those basis assumptions upon which BASIC process of accounting is based. Following are the basic accounting concepts: Business ENTITY Concept Dual ASPECT Concept Going CONCERN Concept Accounting Period Concept Cost Concept Money Measurement Concept Matching Concept. Accounting concepts are those basis assumptions upon which basic process of accounting is based. Following are the basic accounting concepts:

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Accounting concepts are those basis assumptions upon which BASIC process of accounting is based.
Following are the basic accounting concepts:

Accounting concepts are those basis assumptions upon which basic process of accounting is based.
Following are the basic accounting concepts:

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