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What are the principal of accounting

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What are the principal of accounting

Posted by Gaurav Gambhir 2 years ago

CBSE > Class 11 > Accountancy

1 answers

Preeti Dabral 2 years ago

The most notable principles include the revenue recognition principle, matching principle, materiality principle, and consistency principle. Completeness is ensured by the materiality principle, as all material transactions should be accounted for in the financial statements.

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