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MATCHING Match Each Description with the Item Below

question 66

Multiple Choice

MATCHING
Match each description with the item below.
-John Peter Zenger


Definitions:

Business Entity Assumption

An accounting principle that treats a business as an independent entity separate from its owners for accounting and legal purposes.

Business's Assets

Resources owned by a company that have economic value and can be used to meet debts, commitments, or legacies.

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