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Objectivity Principle
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I just bought so much stock in this company it about to go crazy!
Nothing really happened…. I know this company is going to go crazy! I'm going to put my predicted gains on my Financial Statement!
Hey Michael, your income statement shows a massive gain on a stock! But we haven't found any solid evidence that proved your gain!
Yes I'm sorry!!! The stock hasn't gone up iI just think its going too!!
The Objectivity principle states that all accounting balances should be entered based on facts, and objective evidence!! Rewrite your entry!
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