问题描述:
英语翻译
Separate Entity
A business is considered distinct from its
- Owner(s)
- Creditors
- Customers
Its financial records and reports should refer only to its own financial affairs
Q.Suppose you buy a roll of film from Walgreens.How do the terms business transactions,money measure,and separate entity relate to your purchase?
A.The business transaction is the purchase involving cash and must be measured in terms of dollars.The business,Walgreens,is a separate entity from you and from its stockholders.
Separate Entity
A business is considered distinct from its
- Owner(s)
- Creditors
- Customers
Its financial records and reports should refer only to its own financial affairs
Q.Suppose you buy a roll of film from Walgreens.How do the terms business transactions,money measure,and separate entity relate to your purchase?
A.The business transaction is the purchase involving cash and must be measured in terms of dollars.The business,Walgreens,is a separate entity from you and from its stockholders.
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