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Don Jones Is the Proprietor (Owner) of Donny's, a Retailer

question 71

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Don Jones is the proprietor (owner) of Donny's, a retailer of golf apparel. When recording the financial transactions of Donny's, Don does not record an entry for a car he purchased for personal use. Don took out a personal loan to pay for the car. What accounting concept guides Don's behavior in this situation?


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The act of looking directly into another person's eyes, which is an important aspect of non-verbal communication and can convey various messages or emotions.

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