Question

Differences between accounting concepts and convention

Answer 1

Answer:

$The main difference between accounting concepts and conventionsis that accounting concepts are officially recorded, whereas accounting conventions are not officially recorded and are followed as generally accepted guidelines.$

mark as brilliant answer

Answer 2

❤❤

Answer:

❤❤

The main difference between accounting concepts and conventionsis that accounting concepts are officially recorded, whereas accounting conventions are not officially recorded and are followed as generally accepted guidelines.