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in 2014 there were 724 disciplinary cases opened and 113 cpas expelled from the profession by the aicpa and state
record transactions and adjustments prepare an answer sheet with the column headings shown after the following list of
respond to following1 find a recent cpa case where the member was expelled its public information and discuss the
the baptist foundation of arizona related party transactionssynopsis the baptist foundation of arizona bfa was
the megabanks hold a total of about 210 trillion dollars in derivatives nearly all of which are not traded on
drake cushing and shawn tadlock started the ct partnership on january 1 2014 the business acquired 70000 cash from
record transactions and adjustments enter the following column headings across the top of a sheet of paperenter the
cash receipts versus revenues during the month of april riley co had cash receipts from customers of 680000 expenses
firm k has a margin of 16 turnover of 12 and sales of 1500000requiredcalculate firm ks net income average total assets
notes payable interest accrual and payment proco had an account payable of 84000 due to shirmoo inc one of its
firm l had net assets at the end of the year of 365000 the only transactions affecting stockholders equity during the
effects of adjustments a bookkeeper prepared the year end financial statements of giftwrap inc the income statement
alternative adjustments supplies on january 10 2013 the first day of the spring semester the cafeteria of the defiance
firm m has a margin of 9 turnover of 16 sales of 800000 and average nbspstockholders equity of 360000requiredcalculate
firm n has a current ratio of 26 and current assets of 150800requiredcalculate firm ns current liabilities and working
firm o has accounts receivable of 31000 cash of 14600 property plant and equipment of 320000 merchandise inventory of
alternative adjustments rent calco inc rents its store location rent is 3000 per month payable quarterly in advance on
make corrections and adjustments to income statement and balance sheet big blue rental corp provides rental agent
the balance in happ incs general ledger cash account was 12430 at september 30 before reconciliation the september 30
bank reconciliation adjustment refer to mini exercise 51in mini exercise 51 the balance in happ incs general ledger
at the beginning of the year accounts receivable were 144000 and the allowance for bad debts was 11500 during the year
the allowance for bad debts account had a balance of 5300 at the beginning of the year and 6100 at the end of the year
sales during the year were 500 units beginning inventory was 200 units at a cost of 5 per unit purchase 1 was 250 units
the beginning inventory was 300 units at a cost of 10 per unit goods available for sale during the year were 1300 units
bank reconciliation prepare a bank reconciliation as of august 31 from the following informationa the august 31 balance