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5. (a) (b) (c) (d) The accounting entity convention states; own debts The business and the owner are one and the same The books are
5. (a) (b) (c) (d) The accounting entity convention states; own debts The business and the owner are one and the same The books are kept from the owner's point of view The business is a separate body from the owner The law regards the business as responsible for its
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