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Identifying Violations of Principles and Assumptions Identify the accounting assumption or principle that is most violated in each of the cases through 8. Case 1.

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Identifying Violations of Principles and Assumptions Identify the accounting assumption or principle that is most violated in each of the cases through 8. Case 1. Thrive inc adjusted amounts in its financial statements for the effect of inflation over the past five years 2. Soni Corp recorded at the time of the customer order, even though the item was the several days Harperinc adopted the new vence recognition account standard in the current year but led to decote the impact on financial state, with a mer 4. The expense for one year maintenance contact for Lazer I was recorded in any of the year of the contri A personal loan of the president of Lee Corp was included in the abilities on the balance sheet of Lee Comp 6. Equipment recorded in the accounting record of Atlanta in appreciated $100.000 from 2015 to 2020. Atlanta Inc. recorded this veatured an in the contestantsed the 2. llell Tech Inc, a private corporation, provides financial statements to shareholders every two years Wildernessine depreciated fied assets over 5 years in its current financial statements even though qoidation of the company was immi Identifying Violations of Principles and Assumptions Identify the accounting assumption or principle that is most violated in each of the cases through 8. Case 1. Thrive inc adjusted amounts in its financial statements for the effect of inflation over the past five years 2. Soni Corp recorded at the time of the customer order, even though the item was the several days Harperinc adopted the new vence recognition account standard in the current year but led to decote the impact on financial state, with a mer 4. The expense for one year maintenance contact for Lazer I was recorded in any of the year of the contri A personal loan of the president of Lee Corp was included in the abilities on the balance sheet of Lee Comp 6. Equipment recorded in the accounting record of Atlanta in appreciated $100.000 from 2015 to 2020. Atlanta Inc. recorded this veatured an in the contestantsed the 2. llell Tech Inc, a private corporation, provides financial statements to shareholders every two years Wildernessine depreciated fied assets over 5 years in its current financial statements even though qoidation of the company was immi

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