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    Naina Agarwal
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    Accounting principles provide general rules and guidelines that govern accounting practices and financial reporting. These principles include concepts like cost, revenue recognition, matching, and full disclosure to ensure financial statements are accurate and consistent. Accounting standards help ensure uniformity, comparability, and transparency in business reporting.

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    Accounting principles provide general rules and guidelines that govern accounting practices and financial reporting. These principles include concepts like cost, revenue recognition, matching, and full disclosure to ensure financial statements are accurate and consistent. Accounting standards help ensure uniformity, comparability, and transparency in business reporting.

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    © All Rights Reserved
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    6 views1 page

    Accounts Theory

    Uploaded by

    Naina Agarwal
    Accounting principles provide general rules and guidelines that govern accounting practices and financial reporting. These principles include concepts like cost, revenue recognition, matching, and full disclosure to ensure financial statements are accurate and consistent. Accounting standards help ensure uniformity, comparability, and transparency in business reporting.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    ACCOUNTS THEORY

    ACCOUNTING PRINCIPLES
    Accounting principles is a general law or rule adopted or professed as a guide to action , a settled ground
    of basis or practice.

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