ACCOUNTING CONCEPTS:- Accounting concepts means & includes necessary assumptions or ideas which are used to accounting practice & preparation of financial statements. The following are the important accounting concepts: Business Entity Concept: –...
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- accounting audit Balancesheet bank borrower change in method concepts conventions cost credit risk current assets current liabilities Daily bookTransaction debt depreciation equity financial fixed installation method human resource Income Statement Journal Ledger Liquidity loan management Original Entry Prime Entry Profitability puzzle quiz Ratio Ratio Analysis reducing balance method risk management Trial Balance working capital
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