Question: Write an essay in 250 to 300 words, including the following: The basic assumptions of accounting The principles of accounting The constraints of accounting A

Write an essay in 250 to 300 words, including the following:

The basic assumptions of accounting

The principles of accounting

The constraints of accounting

A conclusion stating how you think sound financial reporting depends on principles, assumptions, and constraints. Refer to the U.S. GAAP in your response.

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