. are the costs for fully completed products. When the finished goods are sold, the costs are transferred to the . .

2. assumption assumes that the business is separated from its owners or other businesses.

3. principle requires inclusion of a degree of caution when making estimates under condition of uncertainty. It ensures that assets and income are not overstated and liabilities or expenses are not understated.

4. is the residual interest in the net assets of an entity after having deducted all liabilities.

5. are decreases in economic benefits in the form of depletion of assets or increase in liabilities that result in decreases in equity other than those arising from distribution to equity participants.

6.A may be a piece of contract, or a receipt, invoice, sales ticket, or cash register tape.

7.The lists all the accounts from the general ledger that have a balance or will have a balance after the adjusting entries are entered.

8. is an expense recorded to allocate a tangible asset's cost over its useful life.

9. are those which occur during a period of time and cannot be easily associated with products or the production process.