Personal assets of the owner of a company will not appear on the company balance sheet bcoz of which principle?
Cost Economic Entity Monetary Unit

Question

Hussein Hussein · Answer

The employees of the company are not the assets of the company, are not owned by the company, the company use the specialized employees sevices according to their career and pay them for that in term of salaries, wages and bones plus other benefits that shown in Income Statements, the compay own employees services not themselves.

FITAH MOHAMED · Answer

Economic Entity

Independence

Mufaro Jaricha · Answer

it does not appear because of that separate legal entity rule.

Soliman Abd ALmalak Gendy · Answer

Personal assets of the owner of a company will not  appear in a balance sheet because of
 economic entity

Gokul Menon · Answer

economic entity.................

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Personal assets of the owner of a company will not appear on the company balance sheet bcoz of which principle? Cost Economic Entity Monetary Unit

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