Accountancy, asked by naveedmarwat56, 3 months ago

difference b/w
accounting convention and
accounting concept .​

Answers

Answered by Anonymous
2

Major difference between two is that accounting concepts are officially recognized and written in guidelines by accountants whereas accounting conventions are not officially recognized and written in guidelines by accountants but have been developed over time.

Answered by Anonymous
0

Major difference between two is that accounting concepts are officially recognized and written in guidelines by accountants whereas accounting conventions are not officially recognized and written in guidelines by accountants but have been developed over time

hope it helps u dude ✌️.

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