Question

tell me about periodicity concept in brief the answer the answer which is easy to learn get the brainliest ​

Answer 1

periodicity in accounting?

In accounting, periodicity means that accountants will assume that a company's complex and ongoing activities can be divided up and reported in annual, quarterly and monthly financial statements. For example, some earth-moving equipment may require two years to manufacture but the activities will be divided up and reported in quarterly financial statements. A similar situation occurs at a company that develops complex digital systems.

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