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Ima studio, has just inherited $100,000 from a rich aunty. She has decided to invest $20,000 in BHP shares as part of her personal share
Ima studio, has just inherited $100,000 from a rich aunty. She has decided to invest $20,000 in BHP shares as part of her personal share portfolio and deposit the rest into a business bank account. The Capital account of this business will show $80,000. Which of the following accounting concepts has been used to determine why only $80,000 is shown as Capital?
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