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Question 01. Elucidate upon the various Accounting Concepts and Conventions. Question 02. Discuss in brief the various qualitative characteristics of the financial statements. Question 03.

Question 01. Elucidate upon the various Accounting Concepts and Conventions.

Question 02. Discuss in brief the various qualitative characteristics of the financial statements.

Question 03. Explain Accounting Equation. Discuss also the concept of extended accounting equation.

Question 04. Define Accounting. What are the various functions performed by accounting explain with suitable examples?

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