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Write basic element of financial statements

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Reference no: EM131974898

Question: Write 1 paragraph for each question.

1. Which basic element of financial statements arises from peripheral or incidental transactions?

2. What is the characteristic that is demonstrated when a high degree of consensus can be secured?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131974898

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