GAAP 10 PRINCIPLES:

A. THE ACCPOUNTING ENTITY CONCEPT.

B. THE GOING CONCERN CONCEPT

C. THE COST PRINCIPLE

D. THE MONETARY PRINCIPLE

E. CONSERVATISM PRINCIPLE

F. WORKING CAPITAL

G. FULL DISCLOSURE PRINCIPLE

H. ACCOUNTING PERIOD

I. ACCRUAL ACCOUNTING

J.CASH ACCOUNTING

EXPLAIN THE CONCEPTS IN ESSAY FORMAT UP TO 500 WORDS.