Why is it important for business records to be separate from the records of the business's owner

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Why is it important for business records to be separate from the records of the business's owner or owners? What is the term accountants use to describe this separation of personal and business records?

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College Accounting A Contemporary Approach

ISBN: 978-0077639730

3rd edition

Authors: David Haddock, John Price, Michael Farina

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Question Posted: May 25, 2016 04:25 AM

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Why is it important for business records to be separate from the records of the business's owner

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Businesses maintain records to measure performance of the business alo...View the full answer

College Accounting A Contemporary Approach

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