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Nadya [2.5K]
2 years ago
5

Jill needs to pay the web developer who created a new website for her brokerage, but her checking account is low, so she floats

herself a loan from earnest money kept in the brokerage’s escrow account to pay the developer. Which answer correctly identifies the violation(s) Jill has committed?
Business
1 answer:
Radda [10]2 years ago
8 0

The term that has to do with the offense that Jill has committed by floating herself this loan is Commingling and conversion.

<h3>What is Commingling and conversion?</h3>

Commingling has to do with the way that cash is deposited into an account on behalf of a given client.

Conversion has to do with the use of the cash for purposes that are outside the reasons why it was deposited.

Read more on cash deposits here: brainly.com/question/1752098

#SPJ1

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The descriptions to cases that will possibility be addressed by a Trial Balance are:

  • can detect the accuracy of the accounting process(possible)
  • can help check whether the debit side is equal to the credit side(possible)
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<h3>What is trial balance?</h3>

A trial balance can be regarded as  bookkeeping worksheet which contains the ledger that is arranged into  debit and credit account column .

Therefore, with trial balance, one can check whether the debit side is equal to the credit side.

learn more about trial balance at:brainly.com/question/24217989

#SPJ1

3 0
2 years ago
While figuring out how to save money for a bride who is having financial problems, paula, the catering manager of oh happy day,
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While figuring out how to save money for a bride who is having financial problems, Paula, the catering manager of Oh Happy Day, asked her assistant, "What do you think is the best menu to offer under these particular circumstances? How can we offer the bride and groom's guests a great meal within their budget?" Paula and her assistant are using the contingency approach.

True

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Read 2 more answers
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