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CheckPoint: Accounting Assumptions Principles andConstraints Write an essay in 2
An old machine was purchased for $20000 at a book value of$5000 and sold for $90
September 15, 2020Which of the following is considered in the calculation ofincremental cash flow?
September 15, 2020CheckPoint: Accounting Assumptions Principles andConstraints Write an essay in 250 to 300 words including the following:o The basic assumptions of accountingo The principles of accountingo The constraints of accountingo A conclusion stating how you think sound financial reportingdepends on principles assumptions and constraints. Refer to theU.S. GAAP in your response.
