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Home Q & A Board Other Fields Homework Help Business Accounting
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NegativePanda NegativePanda
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6 years ago
Genity Company records business transactions in dollars and disregards changes in the value of a dollar over time. Which of the following accounting assumptions does this represent?
A) economic entity assumption
B) going concern assumption
C) accounting period assumption
D) monetary unit assumption
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
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Dessa D.Dessa D.
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6 years ago
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NegativePanda Author
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#2
6 years ago
Commenting just to show my support for informative posts like this, keep it up 10/10
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#3
6 years ago
That helps more than you thinks, thanks for being so thoughtful
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