Question 2 Not yet saved Marked out of 5.00 Flag question . State which accounting assumption has been violated in each of the following independent situations. Situation Accounting assumption which has been violated Purchase invoices received in June 2020 have been recorded in July 2020. The owner of Hair Salon instructed the accountant to record the payment of electricity for her house as a business expense. The Income Statement of the Good Coffee Shop shows good profit yet the assets in the balance sheet are recorded at their liquidation value. The accountant of Catering Services has recorded $10,000 cash for a service that was provided to a customer on credit. The accountant of Good Air did not record a service provided to a customer because customer did not pay cash yet. . Type here to search o Question 2 Not yet saved Marked out of 5.00 P Flag question State which accounting assumption has been violated in each of the following independent situations. Situation Accounting assumption which has been violated Purchase invoices received in June 2020 have been recorded in July 2020. The owner of Hair Salon instructed the accountant to record the payment of Accounting Entity electricity for her house as a business Period expense. Going Concern The Income Statement of the Good Coffee Shop shows good profit yet the Accrual Basis assets in the balance sheet are recorded at their liquidation value. The accountant of Catering Services has recorded $10,000 cash for a service that was provided to a customer on credit. The accountant of Good Air did not record a service provided to a customer because customer did not pay cash yet