Identify the accounting concept that was violated in each of the following:

$1.$ Tequila Mockingbird purchased land two years ago at a price of $$250,000.$ Because the value of the land has appreciated to $$400,000,$ the company has valued the land at $$400,000$ in its most recent balance sheet.

$2.$ Catcher in the Rye has not prepared financial statements for external users for over three years.

$3.$ Anchor Management Bar and Grill sells restaurant and bar equipment. Revenue from a large order of equipment from a new buyer was recorded the day the order was received.

$4.$ Cat Benatar is the sole owner of a company called Bar None. The company recently paid a $$150$ utility bill for Benatar$$s personal residence and recorded a $$150$ expense.

$5.$ Brews Brothers, Inc. purchased a large beer fermenter for $$1,000,000($a material amount$)$ and recorded the purchase as an expense.

$6.$ Wish You Were Beer is involved in a major lawsuit involving injuries sustained by some of its employees in the bar. The company is being sued for $$2,000,000,$ a material amount, and is not insured. The suit was not disclosed in the most recent financial statements because no settlement had been reached.