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Ammar Dawoodi
- 17 рдЕрдХреНрддреВре░ 2021
- 2 рдорд┐рдирдЯ
Prudence Concept of Accounting
Prudence Concept of Accounting
29 рджреГрд╢реНрдп0 рдЯрд┐рдкреНрдкрдгреА
Ammar Dawoodi
- 13 рдирд╡ре░ 2020
- 3 рдорд┐рдирдЯ
Historical cost concept
The historical cost concept (also known as cost principle of accounting) states that the assets and liabilities of a business should be
68 рджреГрд╢реНрдп0 рдЯрд┐рдкреНрдкрдгреА
Ammar Dawoodi
- 9 рд╕рд┐рддре░ 2020
- 3 рдорд┐рдирдЯ
Substance over form concept
The concept substance over form means that the transactions recorded in the financial statements must reflect their economic substance
65 рджреГрд╢реНрдп0 рдЯрд┐рдкреНрдкрдгреА
Ammar Dawoodi
- 30 рдЬреВрди 2020
- 2 рдорд┐рдирдЯ
What is the Distinction Between Cash vs. Accrual?
One of the most essential decisions a proprietor will need to make concerning the set-up of a business is the kind of accounting...
9 рджреГрд╢реНрдп0 рдЯрд┐рдкреНрдкрдгреА
Ammar Dawoodi
- 29 рдЬреВрди 2020
- 3 рдорд┐рдирдЯ
How to Get Familiar with the Concept of Depreciation
Depreciation refers to two very different but related concepts: 1. The decrease in value of assets (fair value depreciation) 2. The...
14 рджреГрд╢реНрдп0 рдЯрд┐рдкреНрдкрдгреА
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