E7-3 Presented below are the assumptions, principles, and constraints discussed in this chapter. 1. Economic entity assumption

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E7-3 Presented below are the assumptions, principles, and constraints discussed in this chapter.

1. Economic entity assumption 2. Going concern assumption 3. Monetary unit assumption 4. Time period assumption 5. Cost principle 6. Matching principle 7. Full disclosure principle 8. Revenue recognition principle 9. Materiality 10.Conservatism

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