Completion Status Moving to another question will save this response. Question 5 of 9 Questions Mention the appropriate accounting principle(s) related to each independent scenario and suggest corrective actions for each. Write your short answer in the box below each scenario 1. In July, Mohammed planned Going out of Business Sale in his business since he will be closing it for a month-long Vacation in August. He plans to continue his business operations in September after his vacation.. 2. In September, the RAK Furniture received a payment of AED 100,000 from one customer in exchange for a customized furniture set that will be delivered next month. This amount was recorded in September as revenue