(i) Rules of conduct are accepted universally to record business transactions.
Give the word term or phrase which can substitute each of the following statement :
(i) Rules of conduct are accepted universally to record business transactions.
(ii) General ideas which convey certain meanings.
(iii) The general notion or abstract ideas on which accounting is based.
(iv) The accounting concept suggests that a business has a separate identity from its owner.
(v) The accounting concept states that monetary transactions are only recorded in the books of accounts
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(i) Accounting Principles
(ii) Concepts
(iii) Accounting Concept
(iv) Business Entity Concept
(v) Money Measurement Concept
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