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The business entity concept in accounting relates to: A. The idea that only transactions recorded in the books of the company are directly related to

The business entity concept in accounting relates to:

A. The idea that only transactions recorded in the books of the company are directly related to the activities of the business

B. The ability of an owner to open a company or entity in their own name

C. The fact that all transactions of a company are recorded in dollars as a unit of measure

D. The idea that a company will reconcile all transactions at their original cost regardless of how much they have increased in value

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