Accountancy, asked by krantHi8718, 1 year ago

What are the two basis of accounting? Which basis of accounting is recorgnised under the company act 2013?

Answers

Answered by kreethikjain
1
two basic accounting are cash accounting and accrual accounting and it is recognised under the company act 2013 debit and credit
Answered by sujiritha95
1
they are two types of accounting 
   * cash basis accounting 
    *accrual basis of accounting

As per companies act 2013 accrual basis of accounting followed . 



sujiritha95: mark it as brainliest answer pls
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