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What is accountancy princile

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What is accountancy princile

Posted by Nikunj Patidar 7 years, 4 months ago

CBSE > Class 11 > Accountancy

2 answers

Sakshi Sharma ??️??️??️ 7 years, 4 months ago

Accounting principles are the rules and guidelines that companies must follow when reporting financial data. The common set of U.S. accounting principles is the generally accepted accounting principles (GAAP).

Kiran Jot Toor 7 years, 4 months ago

Accounting principles mean by the rules that helps in making the account in good and effective way it make easy to determine the position and profit and loss occurred in a accounting period ....

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