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The business entity assumption O requires that a corporation issue stocks and pay dividends. O requires that companies include in the accounting records only transaction

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The business entity assumption O requires that a corporation issue stocks and pay dividends. O requires that companies include in the accounting records only transaction data that can be expressed in monetary terms. O requires that companies record assets at their cost. requires that the activities of the entity be kept separate and distinct from the activities of its owner and all other economic entities

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