Presented below are some business transactions that occurred during 2021 for Kilgana Company: 
Instructions
For each situation above, identify the assumption, concept, or constraint that has been violated, if any. If the entry is incorrect, prepare the entry that should have been made, if any.
Definitions:
Exit Strategies
Plans or methods developed by an investor or business owner to sell their stake in a company or to end an investment.
Disengage
The process of withdrawing or detaching oneself from involvement in a particular activity, situation, or group.
Shared Language
A common mode of communication among a group of people, which can include verbal language or other forms of communication such as signs or symbols.
Innovating for Sustainability
Developing new methods, products, or solutions that meet present needs without compromising the ability of future generations to meet theirs, with a focus on environmental conservation.
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Q76: An obligation in the form of a
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Q83: Accounting information is complete if it includes
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Q133: Match the items below by entering the