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What is the basic principles of accounting??​

Answer 1

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. ... Completeness is ensured by the materiality principle, as all material transactions should be accounted for in the financial statements.

Explanation:

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