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RSV Co. reports only current assets and current liabilities on its balance sheet. Property, plant and equipment and bonds payable are reported as current assets
RSV Co. reports only current assets and current liabilities on its balance sheet. Property, plant and equipment and bonds payable are reported as current assets and current liabilities, respectively. Liquidation of the company is unlikely. Which of the following principle, assumption or constraint is violated? a. Entity b. Periodicity c. Going concern d. Materiality
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