Tuesday, August 20, 2019

Day 5: Ownership Forms and Key Concepts

  • Forms of Business Entities (ownership types) 10%
    • Sole Proprietorship
    • Partnership
    • Corporation
    • LLC
  • Key Concepts and Principles 10% 
    • Assumptions
      • Business Entity
      • Monetary Unit
      • Time Period
      • Going Concern 
    • Principles
      • Measurement
      • Historical Cost
      • Revenue / Expense Recognition
      • Matching Principle

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