Accountancy, asked by rashisoni466, 8 months ago

aaccounting principle means​

Answers

Answered by neerchaudhary9
3

Answer:

Accounting principles are the rules and guidelines that companies must follow when reporting financial data. The Financial Accounting Standards Board (FASB) issues a standardized set of accounting principles in the U.S. referred to as generally accepted accounting principles (GAAP). ... Economic entity principle.

Answered by pareekabhimanyu33
0

Answer:

Accounting principles are set of rules which define how to deal with a particular transaction or a group of transactions

Explanation:

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