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FINANCIAL ACCOUNTING BY MR ATARP DITTO DITTO WHATSAPP ME 08082731929 FOR YOUR LEGIT ANSWERS ============================ ============================== refresh page ============================== ======================== Biology 2 [Essay] 3:00pm – 4:40pm Biology 1 [Objectives] 4:40pm – 5:00pm ========================== Www.examgoals.com.ng Password 0903 ========================== Keep refreshing the page ========================== While answer loading……… ========================== Loading…………… *JAN/FEBRUARY PRIVATE WASSCE 2018* *FINANCIAL ACCOUNTING* Q1 (a) Accrual concept:this concept says that the income to be recognised in any accounting period is the income earned,and not income recieved and that for the same period the expenses to be recognised the expenses incurred and not expenses paid (b) consistency: In accounting,there could be more than one way or alternative in solving a specific problem.The accountant is at all af liberty to choose any alternative 2