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  1. business
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  3. the separate entity assumption assumes the balance

The separate entity assumption assumes the balance sheet of a corporation reports ______. Multiple choice...

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Accounting

The separate entity assumption assumes the balance sheet of a corporation reports ______.

Multiple choice question.

only the results of the business's activities

the results of all the business and personal activities affecting the business and the owners

only the debts of the business and its owners

only the results of the business owners' personal activities

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