Business, 05.09.2019 20:30 arri05

Abusiness purchases a vehicle for $35,000. since the vehicle was advertised for $40,000 the company decided to record the asset at $40,000. this is a violation of which accounting principle? a. relevanceb. historical costc. materialityd. recognition

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Abusiness purchases a vehicle for $35,000. since the vehicle was advertised for $40,000 the company...