Accountancy, asked by chinmaychinnu54, 10 months ago

state any one bank accounting concept​

Answers

Answered by jodibheemrao133
1

Answer:

here is the answer

Explanation:

There are four main conventions in practice in accounting: conservatism; consistency; full disclosure; and materiality. Conservatism is the convention by which, when two values of a transaction are available, the lower-value transaction is recorded.

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