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Jay Fuerth decided to start his own rent-a-car business after graduation. Fuerth's Rent-a-Car had the following ending balances after the first month of operations (January

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Jay Fuerth decided to start his own rent-a-car business after graduation. Fuerth's Rent-a-Car had the following ending balances after the first month of operations (January 2019). Ending Balances - January 31, 2019 Accounts Payable $ 500 Automobile $ 35,200 Bank Loan $ 19,000 Capital Invested in January $ 20,300 Cash $9,000 Interest Expense $ 700 Fuerth, Capital, January 1, 2019 $0 Fuerth, Withdrawals $ 900 Maintenance Expense $ 800 Miscellaneous Expense $ 500 Prepaid Insurance $ 1,600 Salaries Expense $ 1.000 Service Revenue $8,700 Match each of the following basic concepts and principles to the appropriate description Completeness Timeliness Neutrality Verifiability Materiality Refers to the significance of information to users' decisions Choose... . Documentation that supports financial information being reported on Choose... . Choose Financial information should be received before it is no longer able to influence decisions Financial statements contain all information regarding transactions or events related to the reporting period F Choose Concept that financial information is free from bias Choose

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