Explain the following principles of accounting and financial systems, in 30-50 words each: a. Accrual principle b.
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Question:
Explain the following principles of accounting and financial systems, in 30-50 words each:
a. Accrual principle
b. Cost principle.
c. Going concern principle.
d. Revenue recognition principle.
Related Book For
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
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