On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances: Accounts Debit Credit
Cash $ 26,900
Accounts Receivable 15,100
Allowance for Uncollectible Accounts $3,800
Supplies 4,000
Notes Receivable (6%, due in 2 years) 19,000
Land 80,400
Accounts Payable 8,700
Common Stock 99,000
Retained Earnings 33,900
Totals $ 145,400 $145,400
During January 2021, the following transactions occur:
January 2 Provide services to customers for cash, $50,100.
January 6 Provide services to customers on account, $87,400.
January 15 Write off accounts receivable as uncollectible, $3,500.
January 20 Pay cash for salaries, $32,900.
January 22 Receive cash on accounts receivable, $85,000.
January 25 Pay cash on accounts payable, $7,000.
January 30 Pay cash for utilities during January, $15,200.
The following information is available on January 31, 2021.
The company estimates future uncollectible accounts. The company determines $4,400 of accounts receivable on January 31 are past due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not past due, and 5% of these accounts are estimated to be uncollectible. (Hint: Use the January 31 accounts receivable balance calculated in the general ledger.)
Supplies at the end of January total $700.
Accrued interest revenue on notes receivable for January. Interest is expected to be received each December 31.
Unpaid salaries at the end of January are $35,000.

Assume the government imposes a $2.25 tax on suppliers, which results in a shift of the supply curve from s1 to s2. the price the seller receives for the product after paying the tax is

Each of the following scenarios is based on facts in anactual fraud. categorize each scenario as primarily indicating (1) anincentive to commit fraud, (2) an opportunity to commit fraud, or(3) a rationalization for committing fraud. also state your reasoningfor each scenario.a. there was intense pressure to keep the corporation ' stock from declining further. this pressure came from investors, analysts,and the ceo, whose financial well-being was significantly dependent on the corporation ' s stock price.b. a group of top-level management was compensated (mostly in the form of stock-options) well in excess of what would be considered normal for their positions in this industry.c. top management of the company closely guards internal financial information, to the extent that even some employees on a “need-to-know basis” are denied full access.d. managing specific financial ratios is very important to the company, and both management and analysts are keenly observant of variability in key ratios. key ratios for the company changed very little even though the ratios for the overall industry were quite volatile during the time period.e. in an effort to reduce certain accrued expenses to meet budget targets, the cfo directs the general accounting department to reallocate a division’s expenses by a significant amount. the general accounting department refuses to acquiesce to the request, but the journal entry is made trough the corporate office. an accountant in the general accounting department is uncomfortable with the journal entries required to reallocate divisional expenses. he brings his concerns to the cfo, who assures him that everything will be fine and that the entries are necessary. the accountant considers resigning, but he does not have another job lined up and is worried about supporting his family. therefore, he never voices his concerns to either the internal or external auditors.f. accounting records were either nonexistent or in a state of such disorganization that significant effort was required to locate or compile them.

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