[nm123]

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 .

[nnnshafiee]

I am Wonder if "Undeposited Funds" is A/R or PPD? I believe it fits in A/R account category.