Class 11 Accountancy - Accounting Principles Part-III - Revenue Recognition - Objective Evidence Concept Video by Let's Tute
"Revenue recognition principle" is a cornerstone of accrual accounting whereas the "objective evidence" concept states that financial statements of an organization be based on solid evidence. This session on Accounting Principle focuses on understanding of these two important topics (The Revenue Recognition Concept and The Objective Evidence Concept in accounting) and their applications.
Audience of the Video:
This video Useful for Class XI students.