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AnnZ [28]
3 years ago
13

To include the personal assets and transactions of a business's owner in the records and reports of the business would be in con

flict with the:
A. Objectivity principle B. Realization principle C. Business entity principle
D. Going-concern principle
E. Revenue recognition principle
Business
1 answer:
Margarita [4]3 years ago
6 0

Answer:

C. Business entity principle

Explanation:

  • A business entity principle is one that states the transactions that are linked to a business must have a separate record-keeping and form those who are owners of the other business.
  • Thus separates the records for the organization of the business and excludes the assets and the liabilities of the other owners of the business.
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