Question: Mr. Tee ordered two computers which he is going to receive after 1 month. He is going to pay for the computers after their arrival.

Mr. Tee ordered two computers which he is going to receive after 1 month. He is going to pay for the computers after their arrival. Besides, one of this computer is for his personal use at home. Should Mr. Tee record this transaction in the accounting book of the business? Give your explanations. Which accounting principle or assumptions should we apply here

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