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About Accounting Concepts & Conventions (Chapter-7)
The document provides an overview of key concepts from Accounting Chapters 7 and 9, including: 1. Chapter 7 discusses accounting concepts and conventions such as accrual basis, going concern assumption, consistency, and materiality. It also provides examples and suggested questions. 2. Chapter 9 focuses on accounting for irrecoverable debts, including how allowance is created and retired, accounting entries, and implications for financial statements. It provides examples of calculating bad debt allowance. 3. Suggested questions for both chapters emphasize identifying concepts in scenarios, mathematical problems involving irrecoverable debts, and explaining accounting treatments.
Detailed Information
| Author: | ['Mainul Hasan'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 12 |
| Language: | English |
| Format: | |
| Price: | FREE |
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