Answer:
The amount of $ 2,540 is the checks that were outstanding on November 30.
Explanation:
The amount of the outstanding checks will be shown as:
Amount of outstanding checks = Checks wrote in October + Checks wrote in November - Checks cleared in October - Checks cleared in November
where
Checks wrote in October amounts to $34,160
Checks wrote in November amounts to $37,300
Checks cleared in October amounts to $32,480
Checks cleared in November amounts to $36,440
Putting the values above:
Amount of outstanding checks = $34,160 + $37,300 - $32,480 - $36,440
= $71,460 - $68,920
= $2,540
Storyboard. This is used as a conceptual touchpoint prior to putting any investment into filming. It ensures the project is tracking favorably to the customer's expectation.
Answer:
There are issues with Revenue recognition, Accrual basis of accounting and Cash basis of accounting.
Explanation:
The ethical issues are important to handle with care in business. The accountant has used accrual basis accounting technique in order to apply for a loan. The revised financial statements are prepared with accrual concept so that the company is successful in procuring loan. The revenue should be recognized when performance obligation is completed and the required services are rendered. The accrual concept states that the transaction should be recorded when it occurs regardless when the cash is actually received. Daryl has been involved in unethical practice as he has instructed his accountant to prepare revised financial statements to portray that the company's performance is good. It is an intention to deceive bank in order to procure loan.
C. Intentional
Hope this helps!
The agricultural worker that cuts down trees with chain-saws is a lumberjack.
