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2022-06-20 www Question 2 [5 points] a) select answer Of the five Generally Accepted Accounting Principles (GAAP) introduced in this section, identify which broad
2022-06-20 www Question 2 [5 points] a) select answer Of the five Generally Accepted Accounting Principles (GAAP) introduced in this section, identify which broad accounting principle describes most dedly each of the g Land and building with respective appraised values of $60,000 and $180.000 were purchased for $58,000 and $180,000 wil beh costs of $55,000 and $160,000 b) select answer c) select answer d) select answer e) select answer Each economic entity or business of the owner must keep accounting records and reports that are part of the owner and any other economy of the owner Susan West owns two sole proprietorships Apex Consulting and Universal Maintenance Co. in preparing fancial statement or Apex Coming Soo be sure that the revenue and expense transactions of Universal Maintenance Co are excluded Revenues are recorded when they are eamed, regardless of when cash is received Swan Furnace Cleaners is a Canadian company and records and reports transactions in Canadian dan purchased US$52.000 and recorded in the accounting records at the Canadian equivalent of Con$3,200 Official Time: 23:44:05 20 MTV SUBMIT AND MARK MacBook Avr
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