Business, 01.07.2019 10:50 brandiwingard
You’ve just graduated from berkeley college with a major in accounting and have landed your first accounting job. your assignment 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?
Answers: 1
Another question on Business
Business, 22.06.2019 02:00
Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?
Answers: 1
Business, 22.06.2019 03:40
Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
Answers: 1
Business, 23.06.2019 02:40
The mayflower, a seafood restaurant, had the following liabilities by the end of 2015: accounts payable $60,000 wages payable $100,000 unearned revenue $125,000 (60% will be earned in 2016) notes payable $140,000 ($45,000 payable in 2016) what is the amount that the mayflower should report as total current liability on its balance sheet as of december 31, 2015?
Answers: 2
You know the right answer?
You’ve just graduated from berkeley college with a major in accounting and have landed your first ac...
Questions
Physics, 24.07.2019 19:10
History, 24.07.2019 19:10
Mathematics, 24.07.2019 19:10
Mathematics, 24.07.2019 19:10
Mathematics, 24.07.2019 19:10
