2. Describe the basic principles of Accounting.
लेखांकन के आधारभूत सिद्धान्तों का वर्णन कीजिए ।
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The following is a list of the ten main accounting principles and guidelines together with a highly condensed explanation of each.
Explanation:
Economic Entity Assumption. ...
Monetary Unit Assumption. ...
Time Period Assumption. ...
Cost Principle. ...
Full Disclosure Principle. ...
Going Concern Principle. ...
Matching Principle. ...
Revenue Recognition Principle
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