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THEMES IN KING LEAR

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Underlying Assumptions

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Mind Map on Underlying Assumptions, created by jnahal on 31/08/2014.

Mind Map by jnahal, updated more than 1 year ago

	Created by jnahal almost 11 years ago

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Underlying Assumptions

Accounting Entity
1. distinguishable from owner and other entities
  1. Every entity controls its assets and incurs its liabilities
Accrual Basis Assumption
Going Concern Assumption
1. The existing Entity will continue to operate in the future
  1. liquidation values (Prices in a forced sale) are NOT reported
Period Assumption
1. Comparability
  1. Life of the entity is divided into equal time intervals.

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