Business and the owers' transaction should be treated seperately Business Entity Prudence Materiality Double entry. Every transaction have two effects Business Entity Double Entry Materiality None of the above. Business and the owers' transaction should be treated seperately Business Entity Prudence Materiality Double entry. Every transaction have two effects Business Entity Double Entry Materiality None of the above. Business and the owers' transaction should be treated seperately Business Entity Prudence Materiality Double entry.