What are the accounting principles that must be obserb in a accounting?

source : "Ultimate book of accountancy"

Ans: Main concepts of accounting are

(1) Business entity concept (2) Money Measurement concept (3) Cash and

Accrual Concept (4) Prudence concept (5) Cost concept (6) Matching Concept

For more detail.... see... "ULTIMATE BOOK OF ACCOUNTANCY" Published by vishvas publications ... vishvasbook@Yahoo.com