The proprietor ofa business paid a personal car repair bill from the bank account ofthe business. The amount was debited to the Miscellaneous Expense Account. Which of the following concepts was violated by posting the bill to the Miscellaneous Expense Account? *
1 point
a. Matching
b. Prudence
c. Going concern
d. Business entity
Answers: 3
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The proprietor ofa business paid a personal car repair bill from the bank account ofthe business. Th...
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