Question: Accounting Principles. Indicate Which principles are violated. 2. The statement of financial position of a company included an equipment purchased from Japan for 350,000 yen.

Accounting Principles. Indicate Which principles are violated. 2. The statement of financial position of a company included an equipment purchased from Japan for 350,000 yen. it was reported at that amount in the statement of financial position while all the other assets were reported in Philippine pesos

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