PART II (20 points) Write the name of the accounting concept or principle involved in the blank next to each statement. 1. Assets are recorded at their original cost instead of their current value. 2. A company records revenue for the work it has done even though it hasn't been paid yet by its customer. 3. Accountants assume a business will continue to operate in the future. 4. Personal transactions should be left off of the business financial statements. 5. Depreciation is recorded as assets are used instead of when they are purchased