The separate-entity assumption means that there must be no financial transactions between the business entity and its
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The separate-entity assumption means that there must be no financial transactions between the business entity and its owners, except for the payment of dividends.
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Related Book For
Intermediate Accounting Volume 2
ISBN: 9780071338820
6th Edition
Authors: Thomas Beechy, Joan Conrod, Elizabeth Farrell, Ingrid McLeod-Dick
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