Explanation:
<h3>The business entity concept states </h3><h3>that the transactions associated with a business must be separately</h3><h3> recorded from those of its owners</h3><h3> or other businesses. Doing so requires the use of separate accounting records for the organization that completely </h3><h3>exclude the assets and liabilities of any other entity or the owner.</h3>
Answer:
Cancelled
Explanation:
"Cancelled" is the best word that helps us understand the meaning of "lack",
since it's a negative word.
