maro1488
maro1488
04.07.2019 • 
Business

On april 1, 2022, wong corporation paid $50,000 cash for equipment that will be used in business operations. the equipment will be used for four years. the company records depreciation expense of $50,000 for the calendar year ending december 31, 2022. which accounting principle has been violated?

Solved
Show answers

Ask an AI advisor a question