Question

10. Explain the Essential Features of Accounting Principles.​

Answer 1

Answer:

An accounting principle should be useful that is an accounting rule which does not increases the utility of the records is not accepted as an accounting principle. 2 Objectivity: Accounting principle should be objective in nature. It should not be influenced by the personal bias

Answer 2

Answer:

Explanation:

Usefulness: An accounting principle should be useful that is an accounting rule which does not increases the utility of the records is not accepted as an accounting principle. 2 Objectivity: Accounting principle should be objective in nature. It should not be influenced by the personal bias.

Pls mark me as brainliest