Question

What is theory Base of accounting​

Answer 1

$\huge{\underline{\underline{\boxed{\sf{\purple{ ✠Aɴʂᴡᴇʀ᭄ }}}}}}$

Tʜᴇ Tʜᴇᴏʀʏ Bᴀsᴇ Oғ Aᴄᴄᴏᴜɴᴛɪɴɢ Iɴᴄʟᴜᴅᴇs

1. Pʀɪɴᴄɪᴘʟᴇs
2. Pᴏɴᴄᴇᴘᴛs
3. Rᴜʟᴇs
4. Gᴜɪᴅᴇʟɪɴᴇs

Answer 2

Answer:

The theory base of accounting consists of principles, concepts, rules and guidelines developed over a period of time to bring uniformity and consistency to the process of accounting and enhance its utility to different users of accounting information.