Which accounting assumption separates the owners personal finances from the financial activities of the business?
Question:
Which accounting assumption separates the owner’s personal finances from the financial activities of the business?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
The most important accounting assumption that separates the owner s personal finances from ...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The accounting for a multiple element contract separates the contract with a customer into pieces (components or deliverables) and assigns each component a portion of the total contract revenue. The...
-
The fundamental financial building blocks for a small business owner are knowing what assets are required to open the business and how those assets will be financed. This is known as ______. Select...
-
The plane boundary defined by z = 0 separates air from a block of iron. If B1 = x4 y6 z8 in air (z > 0), find B2 in iron (z < 0), given that = 50000 for iron
-
What, if any, product or product line modifications will Outback have to make in the country you chose in order to be successful? Are any changes necessary in the design of the restaurants? Explain...
-
Describe the marketing concept. What companies in the marketplace might be described as customer-focused?
-
OTR Trucking runs a fleet of long-haul trucks and has recently expanded into the Midwest, where it has decided to build a maintenance facility. This project will require an initial cash outlay of $20...
-
Prove that the constant \(a\) in Eq. (8.82) is positive for common boundary conditions. c dW(x) W(x) dx4 = 1 dT(t) T(t) dt = a = w (8.82)
-
On December 31, 2014, Kate Holmes Company has $7,000,000 of short-term debt in the form of notes payable to Gotham State Bank due in 2015. On January 28, 2015, Holmes enters into a refinancing...
-
You have a Microsoft 365 E5 subscription that uses Microsoft Purview Communication Compliance. You need to create a notice template that supports the use of rich formatting. What format should you...
-
Margaret O'Flaherty, a portfolio manager for MCF Investments, is considering investing in Alpine Chemical 7% bonds, which mature in 10 years. She asks you to analyze the company to determine the...
-
Interview two or three local entrepreneurs. If you need help finding entrepreneurs, contact your local chamber of commerce or other business organizations. Prepare questions such as these How did...
-
a. What is one measure of the success of a business? b. What is an entrepreneur? List two characteristics of an entrepreneur.
-
Name four quality management tools and explain their uses.
-
Find fg , f ( x ) = x + 1 , g ( x ) = 2 x - 3
-
3. Write the set as a single interval and graph the interval on a number line. (-0, 2) (-3,4][1,3]
-
Analyze the use of myth and folklore in contemporary literature. How do these elements serve as metaphors for universal human experiences and cultural identities ?
-
Examine the intersection of literature and other art forms, such as painting, music, or film. How do these multidisciplinary influences enrich the literary experience ?
-
An oriental rug is 5 feet longer than it is wide. If the diagonal of the rug is 12 feet, find its dimensions to the nearest tenth of a foot. width length ft
-
On May 4, 2016, Docker. Inc.. purchased 1,200 shares of its own common stock in the market at a price of $19.25 per share. On September 19, 2016, 700 of these shares were sold in the open market at a...
-
Making use of the tables of atomic masses, find the velocity with which the products of the reaction B10 (n, ) Li7 come apart; the reaction proceeds via interaction of very slow neutrons with...
-
Sam Sharpe executed and delivered to Don Dole the following instrument: Knoxville, Tennessee May 29, 2021 Thirty days after date I promise to pay Don Dole or order, Five Thousand Dollars. The holder...
-
Kenco buys mobile homes from the factory and sells them to the consumer. Sometimes, it contracts to sell a home that the factory has not yet built. It has a virtually unlimited supply of product. On...
-
The following instrument was given to Matthew Andrea: Chapel Hill, N.C. April 15, 2021 Ninety days after date pay to the order of Matthew Andrea, seven hundred and fifty dollars ($750). Value...
-
I borrowed $21,500 for 6 years at 8.48%. Assuming that I make all of my monthly payments as scheduled, how much will I owe at the end of 3 years?
-
Comparing Net Present Value with Internal Rate of Return 1. Starting from the Excel spreadsheet and using the =IRR(values,[guess]) Excel function, calculate the Internal Rate of Return (IRR) for...
-
Hedging EUR currency risk from the US perspective Terabit Inc is an American exporting company of electronic components to countries in the Euro area. The company mainly sells its products in Euro,...
Study smarter with the SolutionInn App