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Read Accounting Principles and Accrual Accounting and Accounting for GST located in the Supplementary resources section in Connect site. Identify and explain the key principles

Read "Accounting Principles and Accrual Accounting" and "Accounting for GST" located in the Supplementary resources section in Connect site.

Identify and explain the key principles of double-entry bookkeeping and accrual accounting. Please note the principles should also include all conventions, policies and bases.

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