Question

What is principales of accounting​

Answer 1

Explanation:

Generally Accepted Accounting Principles is the accounting standard adopted by the U.S. Securities and Exchange Commission.

Answer 2

What are the 5 basic principles of accounting?

Revenue Recognition Principle. When you are recording information about your business, you need to consider the revenue recognition principle.

Cost Principle.

Matching Principle.

Full Disclosure Principle.

Objectivity Principle.