Identify three of the following accounting concepts as justification for depreciating non-current assets: (i) Realisation (ii) Matching

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Identify three of the following accounting concepts as justification for depreciating non-current assets:

(i) Realisation 

(ii) Matching 

(iii) Neutrality

(iv) Substance over form 

(v) Prudence 

(vi) Going concern

(vii) Time interval 

(viii) Consistency 

(ix) Separate entity

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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