Accountancy, asked by abhyt719, 2 months ago

generally accepted accounting principles and concepts ?

Answers

Answered by nukalwarshri123

0

Answer:

There are 10 general concepts that lay out the main mission of GAAP.

Principle of Regularity. ...

Principle of Consistency. ...

Principle of Sincerity. ...

Principle of Permanence of Methods. ...

Principle of Non-Compensation. ...

Principle of Prudence. ...

Principle of Continuity. ...

Principle of Periodicity.

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