Business Entity Concept

Business Entity Concept

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  • GAAP Comic By: Aimee  Squirrell
  • 2
  • Meeting in conference room 3 in ten
  • Okay I'll be there soon 
  • Staff party this Saturday, I would be delighted if you could all attend
  • Nice place you have here boss
  • This is just the inside, follow me.
  • Take a look at this baby, just got her installed
  • How long until I get promoted so I can get myself one of these?
  • and to think I didn't spend a sent of my personal money, paid full with business funds
  • It is a nice hot tube sir
  • He used the businesses money?
  • You violated the Business Entity Concept sir. You need to keep your personal finances separate fron any business finances
  • What's wrong with it?
  • Sir you can't do that.
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