BCom 1st Year Financial Accounting Study Material Notes For Accounting Properties and Principal
BCom 1st Year Financial Accounting Study Material Notes For Accounting Properties and Principal: A2zNotes Presents study material Long Question Answer Notes Pdf by the Latest BCom Syllabus. A Collection of Question-Answers compiled and Edited by A2zNotes Well Experienced Authors Based on Latest Three-Years BCom Curriculum. Here in this post, we will provide you with BCom 1st Year Financial Accounting Study Material Notes For Accounting Properties and Principal.
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BCom 1st Year Financial Accounting Study Material Notes For Accounting Properties and Principal
TYPE OF ACCOUNTING PRINCIPLES
- Basic concepts or assumptions
- Basic principles
- Modifying principles
OTHER IMPORTANT BASIC ACCOUNTING PRINCIPLES/CONCEPT
These concepts and Principles help to operate any trade and also help to maintain accurate financial records.
- Business Entity Concept
- Money Measurement Concept
- Verifiable Objective Evidence Concept
- Accounting Period Concept
- Principle of Revenue Realization
- Principle of Expense
- Principle of Accuracy
- Principle of Materiality
- Principle of consistency
- Principe of Timeless
- Double Aspect Principle
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BCom 1st Year Financial Accounting Study Material Notes For Accounting Properties and Principal