Question: Current Attempt in Progress Sam Ryo is the proprietor ( owner ) of Sam's, a retailer of golf apparel. When recording the financial transactions of

Current Attempt in Progress
Sam Ryo is the proprietor (owner) of Sam's, a retailer of golf apparel. When recording the financial transactions of Sam's, Sam does not
record an entry for a car he purchased for personal use. Sam took out a personal loan to pay for the car. What accounting concept
guides Sam's behavior in this situation?
Current Attempt in Progress Sam Ryo is the proprietor (owner) of

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