Accountancy, asked by Anonymous, 1 year ago

what are the concepts and conventions of accountancy?? just name them!!!

Answers

Answered by ritulshekhar
3
The conventions of accountancy are
1. Historical cost convention.
2. Monetary measurement.
3. Separate entity.
4. Realisation.
5. Materiality.
The concepts of accountancy are
1. Going concern.
2. Consistency.
3. Prudence.
4. Matching.

Anonymous: thanku for ur help
ritulshekhar: welcome
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