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The fiscal year - end for a business is Decumber 3 1 , 2 0 - 1 . On December 2 8 , 2 0
The fiscal yearend for a business is Decumber On December the business pays the rent for January and the accounting clerk debirsRent Expense and credits Bank. The GAAP that has been violated is:
the principle of conservatism.
the matching principle.
the busines entity concapt.
the time period concept
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