The monetary assumption: Multiple Choice 5 Prescribes that a company record the expenses it incurred to generate the revenue reported. Means that we can express transactions and events in monetary, or money, units, Moons that a business is accounted for separately from other business entities, including its owners. Presumes that the lfe of a company can B divided into time periods, such as months and years, and that useful reports can be prepared for those periods Means that accounting information reflects a presumption that the business will continue operating instead of being closed or sold. Which of the following accounts is not included in the calculation of a company's ending equity? Multiple Choice 2:04.29 Revenues. Expenses Stockholder Investments Dividends. Cash