Answer:
No donation should be made by the manager
Explanation:
The best thing the manager should do is not to make any donation as he is aware that the the big man heads a criminal organization that is engaged in drug trafficking, By implication, the big man is indirectly providing fund to the drug trafficking organisation,
In addition, the act of helping the poor in the neighborhood is not a justification for running a drug trafficking organisation by the big man.
The manager should take action by reporting the bug man to the relevant local authority and provide them any information he has about the big man so that they can handle everything appropriately. If he does this, he is carrying his own and company's social responsibility function.
Answer:
Debit Cash $6,426; credit Interest Revenue $21; credit Interest Receivable $105, redit Notes Receivable $6,300.
Explanation:
Based on the information given the appropriate journal entry that Uniform Supply should make on January 15 of the next year will be:
Debit Cash $6,426
($6300+$105+$21)
Credit Interest Revenue $21
($6300*8%*15/360)
Credit Interest Receivable $105
(6300*8%*75/360)
Credit Notes Receivable $6,300
Answer:
$45,473
Explanation:
Base on the scenario been described in the question, we can use this method to solve the problem.
Solution:
$42,000 + $4,960 – $1,100 – ($1,830 – $1,380) + ($381 – $318)
= $46,960- $,1,100-$450-$63
=$45,473
As our answer