A) sourec document b) journal C) latinar D) trial balance 11) Acoonting to the the...
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Accounting
A) sourec document b) journal C) latinar D) trial balance 11) Acoonting to the the axquired anets should be rocorided at the amount actanilly paid mither than at the extins: market valoe. a. moing concem nsemption b. ceonontic entity concoy c. coit principle 4. monetrry unit assumption 12) As per the the entity will remain in operntion for the forrsecable funtus: 4. economic entity concept b. monetary unit assumption c. going consem assuription. A. cont principle Nexus as an auct. Which of the followine conocpts of principles of acoounting is Joshan violating? a. monctany unit nssumption b. economic entity assumption c. cost principie 1. going concern assumption 14) A business collects $5,000 from its customer which was oved sinoe a purvious month How does this affect the acco equation of the businew? a. Assets increase by $5,000; tinbilities dectrase by $,000. b. Anets increase by $5,000; aucts decrease by $,000, C. Assets incrase by $5,000, liabilities inctease by $,000 d. Assets inctase by $5,000; equity itacteases by $5,000. operntion
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