3. Mr. Ahmad has established a small craft shop in Salalah. Presented below is two of accounting procedures and practices in his business. For each of these items, list and explain the assumption, principle information characteristic, or modifying convention that is violated. a. Mr. Ahmad purchased a new home computer for personal use with company money, charging miscellaneous expense. (1 Mark) b. A machine, that cost OMR 4,000, is reported at its current market value of OMR 4,500. (1 Mark)