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Answer should be in detail please I only have one question limit left please solve Financial accounting 2nd semester Q3: Accounting concept refers to the
Answer should be in detail please
I only have one question limit left please solve
Financial accounting
2nd semester
Q3: Accounting concept refers to the basic assumptions and rules and principles which work as the basis of recording of business transactions and preparing accounts. This concept assumes that, for accounting purposes, the business enterprise and its owners are two separate independent entities. Discuss the major concepts ANY (5) of accounting by providing appropriate examples. 05 05 Q4. Discuss the rules for debit and credit. **************"think before you answer the questions". ***** **************
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