State and explain one main accounting principle rule, Ask an Expert

Accounting

State and explain ONE main accounting principle, rule, assumption or any other concept from the conceptual framework of accounting that would be used by an accountant to solve the following problems.

A large hospital has just acquired ash tray for designated smooking area in the waiting room of the smooking patients which it reckons it could be used for a very long time into the future unless it changes its policy on treatment of smoking addicts

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91973675

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