Computer Science, asked by moshikanazkhan, 11 months ago

briefly explain the basic accounting concept and conventions?​

Answers

Answered by Barbiequeen17
8

Answer:

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plz tell all meaning

Answered by Anonymous
58

Answer:

☑️☑️☑️☑️☑️☑️☑️

There are four main conventions in practice in accounting:

conservatism; consistency; full disclosure; and materiality.

Conservatism is the convention by which, when two values of a transaction are available, the lower-value transaction is recorded...

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