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For each of the independent situations described below, list the assumption, constraint that has been violated, if any, and provide an explanation. If a journal

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For each of the independent situations described below, list the assumption, constraint that has been violated, if any, and provide an explanation. If a journal entry is incorrect give the correct entry that should have been made. ( 3 marks each) EastJet sold you an airline ticket on January 10 to fly home during study week, at the end of February, to attend your sister's wedding. On January 10 , the ticket cost nf $950.00 was credited to revenue by the airline. The president of Randall Company paid for his family vacation with company fu ond dehited the Office Travel expenses $5,000. For each of the independent situations described below, list the assumption, constraint that has been violated, if any, and provide an explanation. If a journal entry is incorrect give the correct entry that should have been made. ( 3 marks each) EastJet sold you an airline ticket on January 10 to fly home during study week, at the end of February, to attend your sister's wedding. On January 10 , the ticket cost nf $950.00 was credited to revenue by the airline. The president of Randall Company paid for his family vacation with company fu ond dehited the Office Travel expenses $5,000

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