Question: URGENT PLEASE SOLVE THIS QUESTION ASAP! THANKS State and explain the accounting concepts or principles that being violated in the following description: (a) Encik Azmin
URGENT PLEASE SOLVE THIS QUESTION ASAP! THANKS

State and explain the accounting concepts or principles that being violated in the following description: (a) Encik Azmin Hisham, the owner of Bobo Shop, included his family's vacation trip to Tokyo and Sydney as expenses of the business. (b) Vivid Trading changes its inventories valuation method every year. The account officer would choose the method that will report a higher net income. (c) The record of the credit sales is done by referring to the receipt issued to the customers. (d) Amira owns two businesses, Megah Trading and Girang Services. While preparing the financial statement, the accounts officer has mixed up the expenses for Megah Trading and Girang Services. (e) The shareholder of Ceria Sdn Bhd requested that the quality of services and the morale of the employees should be reported in the financial statements. (10 marks)
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