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QUESTION 1 The owner of a sole trader business may include his or her personal transactions in the business's accounting record. True False QUESTION 2
QUESTION 1 The owner of a sole trader business may include his or her personal transactions in the business's accounting record. True False QUESTION 2 The Non-Current Assets section of the Balance Sheet reflects the entity's past investing decisions. O True False QUESTION 3 Net assets represent the owners' residual claim on a business's assets. O True False
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