Question: Define, discuss, or explain the ten accounting concepts listed below and give specific examples in each case. (Each of the items is worth four points).

Define, discuss, or explain the ten accounting concepts listed below and give specific examples in each case. (Each of the items is worth four points). Please number your responses in the order they are given below: 1. Accrual-basis 2. Current ratio 3. Current Assets 4. Chart of accounts 5. Control Procedures 6. Intangible assets 7. Amortization 8. Profit margin 9. Bond premium 10. Debentures

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