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Jack Dorsey,Evan Williams,and Biz Stone Are the Owners of the Social

Question 206

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Jack Dorsey,Evan Williams,and Biz Stone are the owners of the social communications network,Twitter.If they also own a personal collection of vintage bobble heads valued at $25,000,how would the bobble heads be reflected on the company books? State the accounting concept or principle that supports your answer.

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The personal assets of the owners are no...

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