What are the basic accounting principles?

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2007-06-29 11:55:06 · 2 answers · asked by Tereka Bodika 3 in Business & Finance ➔ Small Business

Click on the link below, then click Accounting Principles in the green panel on the right. There are about 10 principles explained there.

2007-06-29 18:23:32 · answer #1 · answered by Sandy 7 · 0⤊ 0⤋

They are a set of rules for preparing financial statements (to assure you don't fudge the numbers). They are actually quite complicated.

2007-06-29 13:06:20 · answer #2 · answered by Anonymous · 0⤊ 0⤋