Chad Jones is the sole owner and manager of Jones Glass Repair Shop. Jones purchased a truck, be used in the business, for its market value of $35,000. Which of the following fundamentals requires Jones to record the truck at the price paid to buy it? Separate-entity assumption. Revenue principle. Stable monetary unit assumption. Historical cost principle. Which of the following transactions will not decrease the net profit margin ration?

Which of the following fundamentals requires Jones to record the truck at the price paid to buy it?  

Which of the following transactions will not decrease the net profit margin ration?

All the other transaction increase expenses which results in a lower net profit margin ratio.

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy