QUESTION 6 Ruby Jewellers Pty Ltd had a number of major business transactions and events during the year ended 30 June 2019. An extract is given below: Transaction 1: The owner of Ruby Jewellers Pty Ltd Kathy Walworth used company funds to purchase a computer for her son's university work for $3,000. Kathy recorded it as a decrease in cash and an increase in Office computer. REQUIRED: 1. Identify if any accounting concept or principle has been violated. If so, briefly explain the relevant concept or principle. (Word limit: 50 words for less) 2. Record the correct journal entry that Ruby Jewellers Pty Ltd should have done if you believe they have violated any accounting concept or principle. (Narrations not required)