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Author Question: Elle Wolfe, owner of Wolfe Winery, wrote a company check to pay her personal credit card bill. What ... (Read 932 times)

penguins

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Elle Wolfe, owner of Wolfe Winery, wrote a company check to pay her personal credit card bill. What accounting principle did she violate?
◦ Reliability
◦ Personal Property
◦ Business entity
◦ No principle is violated—the bank account belongs to her, so it's okay to write checks.


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Marked as best answer by penguins on Feb 18, 2020

steff9894

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