Accountancy, asked by rauthankiran61, 10 months ago

define accounting principale​

Answers

Answered by anushka8887
1

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).

Explanation:

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Answered by shruti7761
0

Answer:

Accounting principles are the rules of guidelines that companies must follow when reporting financial data.

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