... level of goods and services; alternatively, a decrease in the purchasing power of the dollar or other currency INFLATION ACCOUNTING is a system of accounting which, unlike historical cost accounting, ... PRINCIPLES (GAAP) is a recognized common set of accounting principles, standards, and procedures GAAP is a combination of accepted methods of doing accounting and policy board set authoritative ... can be held to be in violation of the AICPA's code of professional ethics GENERAL LEDGER is the accounting records that show all the financial statement accounts of a business GENERAL PARTNERSHIP...