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The owner of Westhampton Fish Eatery purchased a new car for his daughter who is away at college at a cost of $ 4 3

The owner of Westhampton Fish Eatery purchased a new car for his daughter who is away at college at a cost of $43,000 and reported this amount as Delivery Vehicle in the restaurant's balance sheet. The reporting of this item in this manner violated the:
Question options:
A)
Cost principle.
B)
Business entity concept.
C)
Objectivity principle.
D)
Going-concern assumption.

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