Examlex
A hematinic medication increases the number of erythrocytes in the blood.
Separate Entity Assumption
Business transactions are separate from the transactions of owners.
Liabilities
Obligations owed by a business to individuals or other entities, ranging from loans and mortgages to accounts payable.
Continuity Assumption
An accounting principle that assumes the business will continue operating indefinitely, not being forced to cease operations or liquidate.
Foreseeable Future
A time period in which an event or action is predicted or expected to occur.
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