Justin, he owns a company that sells cars. Five employees work in his company. They are all entitled to two weeks of paid vacation. Harry, who is the accounting manager, determines that for the closing period of the accounting books, an expense and a debt (obligation) must be recognized for the vacation days that employees are entitled to. Zayn who is Harry's boss opposes the expense and debt being recognized and argues that there is no debt (obligation) to anyone until the employees go on vacation. "It is at that moment that the expense is recognized. He answered the following questions: Who is right Zayn or Harry and why Regardless of who is right, what would the input be? Mention the accounting principle or assumption applies? What does this principle establish and why does it apply in this case?