ACCOUNTING CONCEPTS 0.0 / 5 ? Accountingaccounting conceptsASAQA Created by: chloebuckbyCreated on: 14-09-15 10:44 3567214 Across 1. business and the owner have dofferent identities (8, 6) 4. once the concept is chosen it should not change (11) Down 2. the lower of the cost and NRV (8) 3. the business is more than likely going to continue trading (5, 7) 5. items grouped together (11) 6. no personal opinions should help valuations (11) 7. should be recorded in the year they take place (8)
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