Success Roar Classes

Accounting Principles

Accounting Principles and Assumptions

Accounting Principles and Assumptions - Success Roar Classes

What is Accounting Principles? Accounting principles refer to those set of rules which provide the basic idea, parameters, limitations for implementing the accounting process in a well-defined manner. These rules are also called Generally Accepted Accounting Principles or GAAPs. (Accounting Principles and Assumptions) Principles of Accounting are the general law or rule adopted or proposed …

Accounting Principles and Assumptions Read More »

Free MCQs on Accounting Principles – Class 11th Accountancy

Accounting principles, concepts, and conventions are known as Generally Accepted Accounting Principles (GAAP). These principles are the base of Accounting. Generally Accepted Accounting Principles (GAAP) refers to the rules or guidelines adopted for recording and reporting of business transactions, in order to bring uniformity and consistency in the preparation and the presentation of financial statements. …

Free MCQs on Accounting Principles – Class 11th Accountancy Read More »

error: Content is protected !!