The assumption that the assets and liabilities of the business are accounted for on the books of the company but not included in t the records of the owner is the: O Going concern assumption O Monetary unit assumption. O Periodicity assumption O Economic entity assumption.
The assumption that the assets and liabilities of the business are accounted for on the books of the company but not included in t the records of the owner is the: O Going concern assumption O Monetary unit assumption. O Periodicity assumption O Economic entity assumption.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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The assumption that the assets and liabilities of the business are accounted for on the books of the company but not included in
the records of the owner is the
O Going concern assumption.
O Monetary unit assumption.
O Periodicity assumption.
O Economic entity assumption.
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