Exam (elaborations)
FIU Accounting Entrance UPDATED Exam Questions and CORRECT Answers
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Assets - Liabilities - Equity = _____ - 0 Original Value of an asset - Cost basis Business will continue to operate in the near future - Going Concern Principle we report in the stable monetary currency of the country - Monetary Unit Assumption owner's actions are different than the business and kept separate - Economic Entity Assumption you can divide the company into periods or quarters - Accounting Period Assumption
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Institution
FIU Accounting Entrance
Course
FIU Accounting Entrance
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Written for
- Institution
- FIU Accounting Entrance
- Course
- FIU Accounting Entrance
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- Uploaded on
- June 7, 2024
- Number of pages
- 16
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
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