Best Principles and concepts for Accounting Assignment Help

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Accounting- Principles And Concepts
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How To define Accounting?

• Accounting, as the word suggests refers to the
  business language that is used to communicate
  efficiently by well-developed and organised
  professionals known as accountants. It is
  considered to be a process of measuring,
  understanding, identifying and communicating
  economic information. 

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Basic Principles Of Accounting

• Some of the basic accounting principles are based
  on certain types of conventions, concepts, and
  traditions evolved by accounting authorities
  followed at international levels
• Cost principles
• Matching principles 
• Materiality principles
• Full-disclosure principles
• Economic entity principles

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Concepts Of Accounting

• There are some of the basic concepts that are
  read, learned and gained knowledge upon while
  pursuing the course of Accounting
• Business entity concept
• Money measurement concept
• Cost concept
• Accounting year concept
• Realisation concept

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Basic Accounting Terms

• Have a look at some of the basic terms and topics
  that are a must for accounting students to study
  and learn
• Accounting equation
• Accounting method
• Accounting payable
• Accounting receivable
• Balance sheet
• Credit/Debit
• Cash flow statement

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