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the banks below with the accounting principle, assumption, or related item that best completes the...

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Accounting

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the banks below with the accounting principle, assumption, or related item that best completes the sentence. are the two fundamental qualities that make accounting information useful for decision making a Information that helps users confirmar correct prior expectations has Information is if omitting it or misstating it could influence decisions that users make on the basis of the reported financial information The characteristic requires that the same accounting method be used from one accounting period to the next Providing information that is of sufficient importance to influence the judgment and decisions of an informed user is referred 10 assumption Corporation must prepare accounting reports at least yearly due to the Nahi by der where each of the would be sed. The first item (Share capital) is answered as an Share pital 2. Accumulated other comprehensive income Notes payable (due next year). & Supplies Salaries and we payable & Land 2. Accounts payable 10 Inventory Buildings 12 Prepaid rent 11. Short-term securities 14 Bonds payable 13 Patients 16. Income taxes payable 15 Accounts receivable

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