1. Describe the items (other than the financial statements) found in the annual report.
2. Give an example of unethical behavior by a public accountant and describe its consequences.
3. FORMS OF BUSINESS ORGANIZATION
Consider the forms of business organization discussed in the chapter.
4. BUSINESS ACTIVITIES
Listed below are various activities that companies engage in during a period.
a. The sale of goods or services
b. The purchase of equipment
c. The payment of a dividend
d. The purchase of supplies
e. Contribution of cash by owners
f. The sale of equipment
g. Borrowed money from a bank.