GAAPs One Shot | Quick Revision of Accounting Principles | Class 11 Accountancy CBSE 🎯

This GAAPs One Shot Quick Revision video for Class 11 Accountancy explains Generally Accepted Accounting Principles in a clear and exam-focused way. You will learn the meaning of GAAPs, their importance in accounting, and the fundamental accounting assumptions such as Going Concern, Consistency, and Accrual. We also cover the main accounting principles including Business Entity, Money Measurement, Accounting Period, Full Disclosure, Historical Cost, Prudence, Matching, Materiality, and Dual Aspect. This complete GAAPs revision for Class 11 Accountancy is designed for CBSE Commerce students preparing for mid-term revision, annual exams, and CBSE Board preparation. Whether you want a quick recap before exams or a full understanding of accounting principles, this GAAPs One Shot video will help you master the topic easily and score full marks.

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