Pls answer the questions with your detailed explanations, it's much appreciated.

1 Which accounting concept should be considered if the owner of a business takes goods from inventory for their own personal use? The materiality concept The accruals concept The going concern concept The business entity concept (2 marks) 2 Sales revenue should be recognised when goods and services have been supplied to the customer; costs are incurred when goods and services have been received. Which accounting concept governs the above? The business entity concept The materiality concept The accruals concept The duality concept (2 marks)