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Business, 15.07.2020 05:01 alyssashae1818

Azmina has opened a tanning studio. As a gift, her family bought lovely white wicker furniture for the waiting area of the business. At the end of the year, when doing her financial statement, the accountant asked Azmina to value the assets. Azmina stated that the furniture was a gift and therefore should not be included. What is wrong with Azmina's logic?

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