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8. Which of the following scenarios correctly adheres to the accounting entity principle ? ...

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Accounting

8. Which of the following scenarios correctly adheres to the accounting entity principle ?
A. A business owner includes the financial results of his personal investments in the companys financial statements.
B. A sole proprietorship maintains separate financial records for the business and the owners personal transactions.
C. A parent company consolidates its subsidiaries financial results with the personal financial statements of the owner.
D. An employee pays for a business expense with personal funds but does not report the expense in the companys financial statements.

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