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Under U.S.GAAP,the monetary unit assumption states that transactions are recorded in dollars.What is the basis for this assumption?
Defective Furniture
Furniture that has manufacturing flaws, impairing its usability, safety, or aesthetic value.
Finance Company
A business that makes loans to individuals and/or corporations, besides banks and other traditional financial institutions.
Friendly Bank
Informal term for a bank with which an individual or business has a good relationship and favorable terms.
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