GB 518 RANK Keep Learning /gb518rank.com GB 518 RANK Keep Learning /gb518rank.com | Page 18

Objectivity principle Business entity principle Question 11. Question : of a company are called: Creditors' claims on the assets Net losses Expenses Revenues Equity Liabilities Question 12. Question : activity is: An example of a financing Buying office supplies Obtaining a long-term loan Buying office equipment Selling inventory Buying land