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Business entity concept/Economic Entity Assumption is the concept states that the business exists separately and distinct from its owners

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Question added by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed
Date Posted: 2014/07/16
Mubashar Majeed
by Mubashar Majeed , Lecturer , School of Advance business and commerce (SABAC)

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