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A partner in a law firm asks an administrator to purchase stationery such as photocopy paper, staples, whiteboard pens, etc. The cost of the stationery
A partner in a law firm asks an administrator to purchase stationery such as photocopy paper, staples, whiteboard pens, etc. The cost of the stationery is $95 and the administrator records the purchase as an expense. The partner takes the stationery to her home, where her children use the stationery as they complete their homework for school.
which accounting principle did it violate
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