Question

Define Accounting. Explain the accounting concepts which guide the accountant at the

recoding stage.

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Answer 1

Hey!!!
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《The process or work of keeping financial accounts is called Accounting》
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The accounting concepts which guide the accountant at the recording stage are:
●Business Entity
●Money Measurement 
●Historical Record 
●Objective Evidence
●Cost 
●Dual Aspect concept
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Hope it helps!!! :)

Answer 2

Explanation:

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