Question
Raul LaForge, majority stockholder of Dental Fitness Corp., has been applying for personal credit cards by listing the fixed assets of Dental Fitness at their
Raul LaForge, majority stockholder of Dental Fitness Corp., has been applying for personal credit cards by listing the fixed assets of Dental Fitness at their cost as his personal assets. Which of the following accounting assumptions have been violated here?
Group of answer choices
Going Concerns Assumption
Economic Entity Assumption
Periodicity Assumption
Monetary Unit Assumption
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Business Security Audit And Review Toolkit The Modern Toolkit For Security And Risk Professionals To Grow Their Business And For The Business Owners.
Authors: L Burke Files, Gamal Newry, Ibrahim Yeku
1st Edition
1674831315, 978-1674831312
