What are accounting conventions?

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Differentiate between accounting and accounting convention?
Accounting means the systematic recording,reporting and analysis of financial transactions of a business.While accounting convention means legally-binding practice; rather, it is a generally-accepted...
Why accounting theory in accounting convention usefull?
for guidance the accountants in a significant practises with using what should be utility as GAAP.
What are the limitation of accounting concepts and conventions?
Could you imagine your question? i am asking question and you are still asking the same question back as if you will give me money if i answer the question
What accounting conventions does kraft follow?
net income 67200 total assets 480000 total equity 230000 and total sales 710000 . what is common-size percentage for the net income
What is the difference between accounting concepts and conventions of accounting?
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