Question: 14.identify which GAAP has been violated: .) A Customer called and made arrangements for Jay's plumbing to provide $6000 of services next month. lay the
14.identify which GAAP has been violated: .) A Customer called and made arrangements for Jay's plumbing to provide $6000 of services next month. lay the owner recorded revenue of $6000 this month. No cash was exchanged. Vishab b) Land was purchased for $50,000. The bank appraised it for loan purposes at $68000 Therefore, the owner of land recorded it on the balance sheet at $68000. c) Delco's owner buys personal supplies and charges them to company. d) The owner of Dallas Pizza and Don's Deli combines all transactions by keeping one set of accounting records for both businesses. ude D. Focus
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