Identify the correct assumption for each of the following activities using the drop$-$down list.

$\backslash$table$[[$Assumption$,$Activities$],[$Presumes that the business will continue operating in the future.,$],[$A business is accounted for separately from other business entities and its owner.,$],[$Transactions and events are expressed in units of money.,$],[$The life of the company can be divided into specific time periods.,$]]$