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Which accounting convention or doctrine is being applied when the owner's home computer is excluded from the assets of the business?
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∙ 7y ago
Business entity convention because owner’s assets must not be included with business assets
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Which accounting convention or doctrine is being used when a business preapres financial statements each year?
period convention
Convention or doctrine is being used when the owners home computer is not included as an asset of the business?
Business entity convention The business and the owner must remain separate
What accounting convention or doctrine complies financial statements are rounded to the nearest 1000?
1000
Doctrine of capital maintenace?
According to the doctrine, capital maintenance can be considered accomplished if the amount of capital a business has at the end of an accounting period is the same as the start of the period. Any excess amount of capital is treated a profit.
What is the accounting doctrine of disclosure?
the profit from the sale of trucks was shown deperately from the cost of maintenance of the trucks that is called doctrine of diclosure.
What is the meaning of mercantile doctrine?
Commercial/business principals in religious aspects.
Which of these items are incorrectly matched john c calhoun states rights Hartford convention war of 1812 thomas Jefferson Virginia resolution Benjamin Franklin doctrine of nullifica?
Benjamin Franklin - doctrine of nullification
Who said that the social responsibility of business is a fundamentally subversive doctrine and that the one social responsibility of business is to use its resources and engage in activities design?
milton friedman
What doctrine requires lower courts to follow established laws?
you have business/consumer law class too? haha
What doctrine requires lower courts to follow established case laws?
you have business/consumer law class too? haha
The doctrine of laissez faire helped the progress of industrialization in the US because it?
It imposed a minimum of restrictions on the freedom of manufacturers to develop business.
What legal doctrine protects individual shareholders of a corporation from having to pay off all debts of a failed business?
limited liability
