nm123
Jan 30, 2007, 06:12 AM
Accounting principles are the ground rules used by accounting entities in preparing statements for use by users of accounting information . A principle in physics ,however , such laws of gravity ,serves as a basis of developing theories and explaining the relations among physical objects .
Required :
Explain in what ways are generally accepted accounting principles similar to and different from principle of physics .
Thanks .
Required :
Explain in what ways are generally accepted accounting principles similar to and different from principle of physics .
Thanks .