Which assumption is the basis upon which the personal assets of the owner are excluded from the businesses records? Select one: O a. Going concern O b. Limited liability Oc Accrual basis O d. Accounting entity Your business purchases supplies on credit. The Journal to record the transaction would be: Select one: O a Dr Supplies Cr Account receivables O b: Dr Supplies Cr Account Payables Oc Dr Supplies Cr Cash at bank Od Dr Cash at bank Cr Supplies TO