Question

kinds of accounting principles​. and explain

Answer 1

Answer:

GAAP attempts to standardize and regulate the definitions, assumptions, and methods used in accounting. There are a number of principles, but some of the most notable include the revenue recognition principle, matching principle, materiality principle, and consistency principle.

Answer 2

Answer:

There are a number of principles, but some of the most notable include the revenue recognition principle, matching principle, materiality principle, and consistency principle.