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Which principle of accounting to answer accounting is based on tangible evidence?
Wiki User
∙ 12y ago
the business entity principle
Wiki User
∙ 12y ago
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What are the Advantages of principle s based accounting?
its cool yo
Who introduce Accounting Equation?
It is based on Accounting Principle of Dual Aspect of Money http://www.freembanotes.in/finance/accountancy/30-accounting-equation
Accounting concepts where adjustments for prepayments and accruals are based?
Matching principle. Go SPC.
Indirect Effects of a Change in Accounting Principle?
it is one of three effects of change in accounting principle (direct,indirect, and cumulative effects).The indirect effect of change in accounting principles are differences in non-discretionary items based on earnings (e.g bonuses) that would have occurred if the new principle had been used in prior years.quoted from Becker CPA
What is the accounting principle that requires accounting information to be based on actual cost and require assets and services to be recorded initially at the cash or cash equivalent amount?
Cost principal
What are the Advantages of principle s based accounting?
its cool yo
Who introduce Accounting Equation?
It is based on Accounting Principle of Dual Aspect of Money http://www.freembanotes.in/finance/accountancy/30-accounting-equation
Accounting concepts where adjustments for prepayments and accruals are based?
Matching principle. Go SPC.
One of the accounting concepts upon which deferrals and accruals are based is?
revenue recognition principle
Indirect Effects of a Change in Accounting Principle?
it is one of three effects of change in accounting principle (direct,indirect, and cumulative effects).The indirect effect of change in accounting principles are differences in non-discretionary items based on earnings (e.g bonuses) that would have occurred if the new principle had been used in prior years.quoted from Becker CPA
What is the accounting principle that requires accounting information to be based on actual cost and require assets and services to be recorded initially at the cash or cash equivalent amount?
Cost principal
How accrual basis of accounting is related to matching concept?
Accrual basis accounting system is based on the concept of matching principle which dictates that revenues of same fiscal year should be matched with expenses of same fiscal year.
Which form is NOT based on the principle of contrast?
Strophic form is based on the principle of repetition . The correct answer is binary form. Binary form is not based on the principle of repetition . It is based on the principle of contrast .
What is principle of theodolite?
principle of theodolite is based on the principle of trigonometry.
What made alchemy unscientific in its practice?
It was not based on evidence and experiment. - Alex Learning
What is accounting one?
cloud based accounting information system
What are the different accounting concepts and principle?
One accounting concept is based around the principles of lean thinking. This is used by companies that employ such methods as lean manufacturing, lean product development, and other lean strategies. Lean Accounting uses cost, management, and financial accounting methods that are based on lean principles. Lean Accounting supports and motivates lean thinking and lean improvement throughout an organization. This is in contrast to more traditional accounting methods that are hostile to lean thinking because they reflect the traditional management principles that are counter to lean thinking.
