Answered: a shoe factory needed the machine for…

a shoe factory needed the machine for fast production , so they ordered it. upon order, the machine was was immediately listed as one of its assets. which accounting principle is violated? why?

Contemporary Auditing

11th Edition

ISBN:9781337650380

Author:KNAPP

Publisher:KNAPP

Chapter6: Professional Roles

Section6.5: Avis Love, Staff Accountant

Problem 1Q

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