Answer:
Embezzlement
Explanation:
Based on the information provided within the question it seems that the biggest and most obvious crime that Cameron has committed Embezzlement. This is when a company/employer places trust on an individual responsible for managing funds, and that individual steals or misappropriates those funds. Which is what Cameron has done by placing those funds in a fake bank account that he has access to in order to pay for his sons college tuition.
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Answer:
$905,000
Explanation:
February Collection will be as follows :
<em>February Collection = Cash Sales + Credit Sales </em>
= $900,000 x 25 % + $900,000 x 40 % + $800,000 x 60 %
= $905,000
the amount of cash received from sales during the month of February is $905,000.
Answer:
Find in the excel file attached detailed adjusting entries required for all transactions in the question.
Explanation:
Please note the analysis of each transaction done under the heading "particulars".
Answer:
Is irrelevant in decision making
Explanation:
Since the suck cost is the cost that no longer is recovered so it should not be a factor to consider when making a decision. For example, you have bought a cinema ticket for this evening, but it is heavily rainy so you may get sick if you go to the cinema. The fact that you have paid for this ticket should not consider whether to go or stay home since you can not get this amount of money no matter what happens.
