End of Chapter Exercise 13.3 For each of the situations provided below, identify from the drop-down menu the applicable accounting concept, principle, recognition criterion or constraint. Each concet, principle and recognition criteria should be used only once. (a) Plant assets were not reported at liquidation value in the entity's accounts. (Hint: Do not use the cost principle.) (b) Personal and business record keeping was kept separate for the entity. Going concem principle (c) All relevant financial information was reported in the general purpose financial reports for the antity. (d) The dollar was used as the measuring stick to report financial performance and position. (e) Accounting standards were followed for all items that were reasonably expected to affect decisions made by users of financial statements. Information on financial performance was provided for the year ending June 2017. (0) Expenses were recorded when the flow of economic benefits from the entity was probable and could be reliably measured. (h) Market value changes subsequent to purchase were not recorded in the financial statements. Click if you would like to Show Work for this question: Open Show Work