Explain the separate entity concept.
Question:
Explain the separate entity concept.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
The separate entity concept also known as the entity concept or the entity assumption is a fundamental accounting principle that underpins financial a...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Give example of universalizability in business ethics.
-
Question 4 Discrete random variable X takes 2 possible values: -1 and 2. Another discrete random variable Y takes 2 possible values: 0 and 3. The 1st moment of random variables X and Y about the...
-
Certain underlying considerations have had an important impact on the development of generally accepted accounting principles. Following is a list of these underlying considerations, as well as a...
-
Stanley, Inc. issues 15-year $1,000 bonds that pay $85 annually. The market price for the bonds is $960. Your required rate of return is 9 percent.
-
What is the purpose of using a mnemonic code for data?
-
Pop Corporation, which owns an 80 percent interest in Son Corporation, purchases $100,000 of Son's 8 percent bonds at 106 on July 2, 2016. The bonds pay interest on January 1 and July 1 and mature on...
-
It is necessary to deliver \(270 \mathrm{ft}^{3} / \mathrm{min}\) of water from reservoir \(A\) to reservoir \(B\), as shown in Fig. P8.109. The connecting piping consists of four fully open gate...
-
Johnson, Larson, and Kragen own an advertising agency that they operate as a partnership. The partnership agreement includes the following: a. Johnson receives a salary of $50,000. b. Larson receives...
-
You need to build a spring scale for weighing (actually building it is not necessary, this is theoretical exercise.) It will be helpful to sketch out a design. You need a scale capable of weighing...
-
Roost Home Care is a well-established one-stop shop for all home services. Some services provided by Roost Home Care are home cleaning, gardening, pest control, carpentry, plumbing, waste management,...
-
Slide Corporation manufactures combustion engines for cars. The companys goal is to manufacture defect free combustion engines. The management of Slide Corporation has decided to implement a quality...
-
Where are all the points for which the following hold? (a) x = 0 and y = 0. (b) x = 0 and z = 0. (c) y = 0 and z = 0.
-
kindly solve this question for me 18 Assignment 2 (chapters 20-23), Due Date: 27 June 11:00 PM Submit your assignment as follows: This assignment will be made available as a quiz activity under...
-
The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 3 1 : Amount Sales $ 1 , 4 5 2 , 0 0 0 Selling price...
-
Make a Word Search puzzle. Your program should contain the following features: 1. A matrix that stores the board. Each element of the matrix should store a letter (either as a character or a string)....
-
Original Built, LLC has budgeted the following for 2023: Purchases $420,000 Beginning Accounts Payable $95,000 Ending Accounts Payable $92,000 Calculate the budgeted cash payments for Original Built,...
-
Colleen Company has gathered the following data pertaining to activities it performed for two of its major customers. Jerry, Incorporated Kate Company Number of orders 5 3 0 Units per order 1 , 0 0 0...
-
Suppose there are two types of people in the country of Dipolia: unskilled people who value only food and skilled, lazy people who value only alcoholic drinks. The government of Dipolia is...
-
Which of the ocean zones shown would be home to each of the following organisms: lobster, coral, mussel, porpoise, and dragonfish? For those organisms you identify as living in the pelagic...
-
Consider the following data for 20X1: Physical Units Started in 20X1 ........... 70,000 Completed in 20X1 ........ 115,000 Ending inventory , work in process .... 35,000 Beginning inventory, work in...
-
Dells manufacturing process at its Austin, Texas, facility consists of assembly, functional testing, and quality control of the companys computer systems. The companys build-to-order manufacturing...
-
Selected data concerning the past fiscal years operations of the Woodson Manufacturing Company are as follows (in thousands): Answer each of the following items: 1. Compute the cost of raw materials...
-
What is referred to by a financial plan that estimates revenues and expenses for a specific time period?
-
A major supplier to company A offers 30 day payment terms, with a discount of 2% if the account is paid within 10 days. Company A has traditionally paid the supplier within 10 days in order to...
-
A freestanding satellite urgent care center is proposed by a hospital. Fixed costs (building and equipment depreciation, minimum staffing levels) are $600,000 per year and the variable costs...
Study smarter with the SolutionInn App