A B C D for each one

Identify the letter for the principle or assumption from A through D in the blank space next to each numbered situation that it best explains or justifies. In preparing financial statements for Dockside Digs, the accountant makes sure that the expense A. Revenue recognition assumption Jransactions of the owner are kept separate from the companv's transactions and financial statements. B. Going concern assumption When Ahmed clinic buys medical equipment, provides a health service, or uses an asset, they C. Business entity assumption record the monetary value of these transactions. D. Monetary value assumption In December 2022 of this year. Chavez construction received a customer's order and cash prepayment to build a house that would not be ready until March 2023 . Chavez should record the revenue from the customer order in March 2023, not in December 2022. Rasheed Software classifies assets and liabilities in the balance sheet into current and noncurrent to reflect the fact that the business will continue operating for the foreseeable future