Question. identify the generally accepted accounting conception or constraint violated in the following situation. GuardIt Ltd., provides security services to other businesses.GuardIt Ltd. charges customers double the hourly rate that it pays its security guards.Guards are paid on the 15th of each month.GuardIt records revenue at the time the guarding services are provided, records wage expenses at the time the guards are paid, and prepares financial statements at the end of each month.

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The generally accepted accounting concept or constraint violated in the given situation is the Match... View the full answer