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3 years ago

(Assumptions, Principles, and Constraint) Presented below are the assumptions, principles, and

1 answer:

5 0

The accounting principles, assumptions, and constraints describes are identified as follows: A) 7, B) 6, C) 8, D) 9, E) 1, F) 4, G) 3.

<h3>What are Accounting Principles?</h3>

These are rules or laws that govern the reporting and recording of the financial information of a business.

7 - Expense Recognition Principle: This holds the rule of thought that expenses made ought to be recorded in the books or recognized in the same time frame as the revenue transactions they are related to.

3 - Monetary Unit Principle: This law indicates that if a transaction cannot be expressed in a currency, then it shouldn't be recorded. This means "in-kind" transactions and favors hold no place in proper Financial Bookkeeping practice.

See the link below for more about Accounting Principles:

brainly.com/question/23008273

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Capital structure decisions include determining: Group of answer choices The terms of a bond issue to fund a project. the amount

IgorC [24]

Answer:

The correct answer is letter "A": The terms of a bond issue to fund a project.

Explanation:

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3 years ago

The Esposito Import Company had 1 million shares of common stock outstanding during 2021. Its income statement reported the foll

borishaifa [10]

Answer:

Explanation:

The preparation of the 2021 EPS presentation for the Esposito Import Company is shown below:

Income from continuing operations $7 million

Less: Loss from discontinued operations ($1.4 million)

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3 years ago

Alden Trucking Company is replacing part of its fleet of trucks by purchasing them under a note agreement with Kenworthy on Janu

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Answer:

D) $32,624,514.

Explanation:

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Total Due (E) = $32,624,514

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2 years ago

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