Question

The basic accounting postulates are denoted by​

Answer 1

Answer:

Hope it will help you

Mark me as BRIANLIST please

Answer 2

They are denoted by concepts.

• It is a comprehensive and organised method to document, classify and summarise the accounting data for a specific period of time.
• Since there are many conventions and principles, its postulates are based on concepts and guidelines.
• It guarantees that individual accounting transaction records are accurate, up-to-date, and complete.
• It helps in the determination of an organisation's operations, financial position, and cash flows.