Write short notes on the following accounting principles with proper example: (18) a) Cost Principle b) Economic
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Question:
- Write short notes on the following accounting principles with proper example: (18)
- a) Cost Principle
- b) Economic Entity Assumption
- c) Monetary Unit Assumption
- d) Going Concern
- e) Periodicity
- f) Revenue Recognition Principle
- g) Matching Concept
- h) Accrual Basis of Accounting
- i) Dual Aspect of Accounting.
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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