View Policies -12 E Current Attempt in Progress On April 1, 2017, Wildhorse Co. paid $51800 cash for equipment that will be used in business operations. The equipment will be used for four years. Wildhorse's records depreciation expense of $51800 for the calendar year ending December 31, 2017. Which accounting principle has been violated? O Expense recognition principle. O No principle has been violated. O Cash principle. O Depreciation principle. Save for Later