Ch 2 accoutning concepts

ACC106

Chapter 2

Introduction to Concepts and Conventions of Accounting

Learning objectives

At the end of this chapter, you should be able to:

State and explain various accounting principles or concepts

Introduction

BASIC ACCOUNTING CONCEPTS

BASIC ACCOUNTING CONCEPTS (cont’d)

BASIC ACCOUNTING CONCEPTS (cont’d)

BASIC ACCOUNTING CONCEPTS (cont’d)

BASIC ACCOUNTING CONCEPTS (cont’d)

BASIC ACCOUNTING CONCEPTS (cont’d)

BASIC ACCOUNTING CONCEPTS (cont’d)

BASIC ACCOUNTING CONCEPTS (cont’d)

BASIC ACCOUNTING CONCEPTS (cont’d)

BASIC ACCOUNTING CONCEPTS (cont’d)

BASIC ACCOUNTING CONCEPTS (cont’d)