Financial Accounting help

Accounting
Tutor: None Selected Time limit: 1 Day

Which of the following concepts (principles) would be most likely to require that an item be recorded at the amount actually paid?  Going concern concept, entity concept, cost principles, or reliability concept

Apr 15th, 2015

Cost principles 

https://books.google.com.pk/books?id=LVs8AAAAQBAJ&pg=PT754&lpg=PT754&dq=an+item+be+recorded+at+the+amount+actually+paid?&source=bl&ots=HJ97PDLmWE&sig=MOAec5tVO3yrh73bywdDDmLm3i8&hl=en&sa=X&ei=gscuVc36KJGTuASvzYGADA&ved=0CB8Q6AEwAQ#v=onepage&q=an%20item%20be%20recorded%20at%20the%20amount%20actually%20paid%3F&f=false

Apr 15th, 2015

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Apr 15th, 2015
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