Identify the accounting concept, assumption, or principle that best applies to each of the following situations: b. You get an especially good buy on a laptop, paying only $300 when it normally costs $800. What is your accounting value for d. General Motors wants to determine which division of the company-Chevrolet or Cadillac-is more profable. a. Inflation has been about 2.5% for some time. Village Realtors is considering measuring its land values in inflation-adjusted amounts. b. You get an especially good buy on a laptop, paying only $300 when it normally costs $800. What is your accounting value for this laptop? 1 d. General Motors wants to determine which division of the company-Chevrolet or Cadillac-is more profitable. Entity assumption Going-concern assumption Historical cost principle Reliability principle Stable-monetary-unit assumption