what.is.fundmental.accounting
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Fundamental Accounting Concepts. Share. In preparing general-purpose financial statements, several guidelines that are understood by both the accountants who prepare them and the users of such reports should be followed. Those guidelines are called generally accepted accountingprinciples or GAAP.
Fundamental Accounting Concepts. Share. In preparing general-purpose financial statements, several guidelines that are understood by both the accountants who prepare them and the users of such reports should be followed. Those guidelines are called generally accepted accountingprinciples or GAAP.
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