Accountancy, asked by rahul8232, 3 months ago

explain the essential feature of accounting principle

Answers

Answered by djhardas82

Answer:

1 Usefulness: An accounting principle should be useful that is an accounting rule which does not increases the utility of the records is not accepted as an accounting principle. ... 2 Objectivity: Accounting principle should be objective in nature.

Previous Question

Next Question

Similar questions

Hindi, 1 month ago

यदि पाँचवें वर्ण के बाद वाला वर्ण उसी वर्ग का न हो, जिस वर्ग का पाँचवा वर्ण है अथवा वही पाँचवा वर्ण दुबारा आए तो क्या होगा?उदाहरण देते हुए स्पष्ट कीजिए please give me write ans if you not give write ans I report you ans...

English, 1 month ago

find the odd one out still,quite,calm,turbulent...

Computer Science, 1 month ago

मञ्जूषात् उचितं अव्ययपदं चित्वा रिक्त स्थानानि पूरयत ?(2) (क)-: असत्यं ------ वद। (1 Point) सर्वत्र, मा, कथम्, उच्चै:}...

History, 3 months ago

human effort can curb the effects of drought.explain...

French, 3 months ago

e. Mes amis achètent cette/cet) écharpe. 3. Remplissez les blancs avec les adjectifs démonstratifs : a. Il vend livres et dossiers. b. Est-ce que tu préfères musicienne? appartement est très moderne. d. J'achète crayons. chanson est très mélodieuse. C. e. 4. Mettez en ordre : a. par/ne/cette/ll/pas/passe/ville.

Computer Science, 10 months ago

What will be the following code print? x=0 if x <2: print("Small") elif x<10: print("Medium") else : print("Large") print("All done ") ...

Physics, 10 months ago

The relation between t and distance x is t=ax2+bx where a and b are constants. Express the instantaneous acceleration in terms of instantaneous velocity.

Math, 10 months ago

3. For any two integers a and b, a + bis an__________...

explain the essential feature of accounting principle​

Answers

explain the essential feature of accounting principle