Answer:
Cortina Company
Indication of the type of adjustment and the status of the accounts before the adjustment:
Type of adjustment (prepaid Status of the accounts before the
expense, accrued revenue, etc.) adjustment:
a. Usage adjustment Supplies Overstated by $1,200
b. Accrued Revenue Service Revenue understated by $700
c. Accrued Expense Interest Expense understated by $300
d. Earned Revenue Rent Revenue understated by $1,100
and Deferred Revenue overstated by
the same amount.
Explanation:
Cortina Company must recognize all revenue and expenses, whether cash has exchanged hands or not, provided they have been earned or incurred within the stated accounting period. This is in accordance with the accrual concept and the matching principle of generally accepted accounting principles.
Reliable and of good character or the latter of that unreliable and criminalistic.
This is more of an ethics question and up to each individuals beliefs, but I'll try my best to answer it for you. "I would not kill the one innocent person to save five other people because no one's life is greater than another's. The five people would die if I hadn't intervened at all and that one death would be on me. The same would apply to the second scenario, I would not kill the five people to save one."
True. A morphological type can be a useful temporal type when subjected to a change and restriction of time. Example, a morphological type that occurs only in strata dating between 1500 BP and 1000 BP can elevate into a temporal type. It is because artifacts that belong to the temporal turn up into an undated context.
