Identify which accounting principle or assumption best describes each of the following practices: (Hint (if needed): "the client is not billed" indicates that the client did not pay for the service provided) 1. Stark Company's accounting system maintains the equipment account as if the business will continue operating and not close 2. In December of this year, Chavez Landscaping received a customer's order and cash prepayment to install sod at a house that would not be ready for installation until March of next year. Chavez should record the revenue from the customer order in March of next year, not in December of this year. 3. Mike Derr owns both Sailing Passions and Dockside Digs. In preparing financial statements for Dockside Digs, Mike makes sure that the expense transactions of Salling Passions are kept separate from Dockside Digs's transactions and financial statements. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Stark Company's accounting system maintains the equipment account as if the business will continue operating and not dose Identify which accounting principle or assumption best describes the above practica Required 2 > Identify which accounting principle or assumption best describes each of the following practices: (Hint (if needed); "the client is not billed" indicates that the client did not pay for the service provided) 1. Stark Company's accounting system maintains the equipment account as if the business will continue operating and not close. 2. In December of this year, Chavez Landscaping received a customer's order and cash prepayment to install sod at a house that would not be ready for installation until March of next year. Chavez should record the revenue from the customer order in March of next year, not in December of this year. 3. Mike Derr owns both Sailing Passions and Dockside Digs. In preparing financial statements for Dockside Digs, Mike makes sure that the expense transactions of Salling Passions are kept separate from Dockside Digs's transactions and financial statements. Complete this question by entering your answers in the tabs below. Required 1 Requirkd 2 Required 3 In December of this year, Chavez Landscaping received a customer's order and cash prepayment to Install sod at a house that would not be ready for installation until March of next year. Chavez should record the revenue from the customer order in March of next year, not in December of this year, Identity which accounting principle or assumption best describes the above practice Identify which accounting principle or assumption best describes each of the following practices: (Hint (if needed), "the client is not billed" indicates that the client did not pay for the service provided). 1. Stark Company's accounting system maintains the equipment account as if the business will continue operating and not close. 2. In December of this year, Chavez Landscaping received a customer's order and cash prepayment to install sod at a house that would not be ready for installation until March of next year. Chavez should record the revenue from the customer order in March of next year, not in December of this year. 3. Mike Derr owns both Saling Passions and Dockside Digs. In preparing financial statements for Dockside Digs, Mike makes sure that the expense transactions of Soiling Passions are kept separate from Dockside Digs's transactions and financial statements Complete this question by entering your answers in the tabs below. Required Required 2 Requided 3 Mike Dere owns both Sailing Passions and Dockside Digs. In preparing financial statements for Dockside Digs, Mike makes sure that the expense transactions of Salling Passions are kept separate from Dockside Digs's transactions and financial statements. Identity which accounting principle or assumption best describes the above practice