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Session: Accounting concepts /conventions Wednesday, March 15, 2023. 1. The concept which defines business and owner as separate entities is called 2. The concept which
Session: Accounting concepts /conventions Wednesday, March 15, 2023. 1. The concept which defines business and owner as separate entities is called 2. The concept which assumes that a business will operate indefinitely is the 3. The concept which does not overstate profits and assets is the . 4. The concept which maintains the same methods and practices for all accounting periods is the 5. Final accounts are prepared at fixed intervals called
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