ethical disccusion
As the full-time bookkeeper, your job is to make any corrections to the general ledger accounts. Each correction needs the reason for the change and the effect on each account, whether it is an increase or decrease.
Mesia has come to you for help. For the third time this month, she has recorded a cash receipt twice. She wants you to record a correcting entry that will reverse her mistakes. The correcting entry she wants you to make will record a credit to the Cash account and a debit to Sales. What should you investigate before making a decision about the correcting entry? What is happening to the cash account? Is this a continual problem for Mesia? Would you accept a dinner offer from Mesia if you fix her mistake?
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As the full-time bookkeeper, your job is to make any corrections to the general ledger accounts....
As the full-time bookkeeper, your job is to make any corrections to the general ledger accounts. Each correction needs the reason for the change and the effect on each account, whether it is an increase or decrease. For the third time this month, a co-worker has recorded a cash receipt twice and wants you to record a correcting entry that will reverse the mistakes. The correcting entry will record a credit to the Cash account and a debit to the...
As the full-time bookkeeper, your job is to make any corrections to the general ledger accounts....
As the full-time bookkeeper, your job is to make any corrections to the general ledger accounts. Each correction needs the reason for the change and the effect on each account, whether it is an increase or decrease. For the third time this month, a co-worker has recorded a cash receipt twice and wants you to record a correcting entry that will reverse the mistakes. The correcting entry will record a credit to the Cash account and a debit to the...
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Ricardo Advertising creates, plans, and handles advertising campaigns in three provinces. Recently, Ricardo had to replace an inexperienced office worker in charge of bookkeeping because of some serious mistakes that had bøen uncovered in the accounting records. You have been hired to review these transactions to determine any corrections that might be necessary. In all cases, the bookkeeper made an accurate description of the transaction but did not correctly record the transaction in the journal.RequirementsRequirement 1. For each of the...
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