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adoni [48]
3 years ago
5

You’ve just graduated from Berkeley College with a major in accounting and have landed your first accounting job. Your assignmen

t at work today is to complete a Trial Balance. No matter what you do, you just can’t get it to balance and you’re off by $2500. You have a 5pm deadline for completion of the Financial Statements, which must be delivered to the bank this evening to comply with a major loan agreement. It’s now 3:30 and you’re worried that if you don’t get these statements done, it will cost you your job. You decide to increase the owner’s capital account by $2500 to get everything to balance and you complete the Financial Statements in time. You hope that no one will notice the error and you believe that you will be able to find and correct the error by the end of next month. Are your actions ethical? Why or why not? Did you have any other alternatives?
Business
1 answer:
Eduardwww [97]3 years ago
7 0
No, this action would not be concidered ethical in this situation you would have been better off bringing this issue to your supervisors attention  
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2 years ago
Mining Corporation purchases the business assets of Open Pit Inc., including its equipment and supplies, for an agreed-to price,
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Answer:

A sales.

Explanation:

The uniform commercial code (UCC) is a set of standardized business laws which are put in place for the regulation of financial contracts and commercial transactions used across different states in the United States of America.

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4 0
2 years ago
On April 1, Griffith Publishing Company received $33,480 from Santa Fe, Inc. for 36-month subscriptions to several different mag
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Answer:

Debit Unearned Fees, $8,370

Credit Fees Earned, $8,370

Explanation:

Based on the information given we were told that the Company received the amount of $33,480 from Santa Fe for 36 month on April 1 in which we are to assumed that the adjustments will be made at the year end this means that the adjusting entry will be to:

Debit Unearned Fees, $8,370

Credit Fees Earned, $8,370

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Answer:

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liubo4ka [24]

Answer:

The Answer is False.

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Explanation:

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<u></u>

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3 years ago
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