The Owner Withdraws Inventory for His Own Use from the Business.To

question 13

Multiple Choice

The owner withdraws inventory for his own use from the business.To which financial statement assumption does this relate?

• A) materiality
• B) monetary
• C) accounting period
• D) accounting entity.

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Globe Theatre

A historic theater in London associated with William Shakespeare, known for its open-air, circular design.

Pronoun

A word that takes the place of a noun, used to avoid repetition or to refer to participants in the discourse.

Pronoun

A part of speech that is used in place of a noun or noun phrase, often to avoid repetition or when the antecedent is understood.