Choose 2 of the following concepts and explain them

* Entity Concept; 

* Dual Aspect Concept; 

* Accounting Period Concept; 

* Going Concern Concept; 

* Cost Concept; 

* Money Measurement Concept; 

* Matching Concept; 

* Realization Concept; 

* Accrual Concept; 

* Convention of Disclosure. 

* Convention of Conservatism. 

* Convention of Disclosure. 

* Convention of Conservatism.

Answer rating: 100% (QA)

1 Going Concern Concept This concept is also know as the concept of continuity This is a fundamental ... View the full answer