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Question: Buddy Dupree is the accounting manager for On-Time Geeks, a tech support company for individuals and small businesses. As part of his job, Buddy is responsible for preparing the company's trial balance. His supervisor placed a "hard deadline" of Friday at 5p.m. for the completion of the trial balance. Unfortunately, Buddy was unable to get the trial balance to balance by the due date. The credit side of the trial balance exceeded the debit side by $3,000. To make the deadline, Buddy decided to add $3,000 debit to the vehicles account balance. He selected the vehicles account because it will not be significantly affected by the additional $3,000.
- Is Buddy behaving ethically? Why or why not?
- Who is affected by Buddy's decision?
- How should Buddy have handled this situation?
Sondra deposits $2,000 in an IRA account on April 15, 2011. Assume the account will earn 3% annually. If she repeats this for the next nine years, how much will she have on deposit on April 14, 2021?
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accounting for construction contractconstruct pty ltd uses the percentage of completion method of accounting for
Accounting Financial ACC701 - Discuss the ethics and governance in explaining the company's financial stress. Were liabilities a major factor contributing
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Examine the costs that Wal-Mart includes in inventory and cost of sales. Defend the three descriptions that Wal-Mart used to classify inventories.
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