Question

write the two conventions of accounting​

Answer 1

Answer:

There are four widely recognized accounting conventions: conservatism, consistency, full disclosure, and materiality.

Explanation:

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Answer 2

Answer:

          The Accounting Conventions are classified into following types. They are

1.     Convention of Materiality.

2.     Convention of Conservatism.

3.     Convention of Consistency.

4.     Convention of Full Disclosure