drop down is the same for all questions

Assets must be recorded at the purchase price paid at the time of acquisition. All expenses must be measured and compared with the revenues they generate. [ Choose ] [Choose Dividends Contra Asset Lower of Cost or Market Generally Accepted Accounting Principles Equity Going Concern Assumption Revenue Matching Principle Entity Assumption Cost Principle The company will continue to operate instead of being closed or sold. The accounts of the business are kept separate from the accounts of the owner. Increases in equity resulting from a company selling goods or services. [Choose Owner's claim on assets. [Choose) A set of rules and guidelines used to prepare Financial Statements. [ Choose Inventory is reported on the balance sheet at because of the Conservatism Principle. [Choose Amounts paid to owners of a corporation from profits earned. [Choose Accumulated depreciation is this type of account [Choose