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Chad Jones is the sole owner and manager of Jones Glass Repair Shop Jones purchased a true to be used in the business for its

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Chad Jones is the sole owner and manager of Jones Glass Repair Shop Jones purchased a true to be used in the business for its market value of $35.000. Which of the following fundamentals requires Jones to record the truck at the price paid to buy it? Multiple Choice Separate-entity assumption Revenue principle. Monetary unit assumption Historical cost principle

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