Identify the following terms/phrases as either an accounting: (a) principle, (b) assumption, or (c) constraint 1. Measurement 2 Going concern 3 Benefit exceeds cost 4 Time period 36:29 The following transactions were completed by the company. a. The owner invested $16.000 cash in the company in exchange for its common stock. b. The company purchased supplies for $750 cash. c. The owner invested $10,500 of equipment in the company in exchange for more common stock d. The company purchased $250 of additional supplies on credit e. The company purchased land for $9,500 cash