Topic 5 DQ 2 Mar 7-11, 2024Review Case 8.32 in your textbook. Using the questions provided as a guide, discuss your recommendation(s) regarding what the company should do about the conference. Support your recommendation(s) with calculations based on the data provided.To participate in follow-up discussion, ask questions and post comments regarding classmates’ posts, or respond to follow-up questions posted by the instructor.Please include proper citations […]

T H E GE OR GE W AS HIN GT ON U N IVER S IT YF IN AL E XA M 2 0 2 4 MARCH 2024 Montgomery Energy, Inc. Electricity prices are going through the roof in southern Maryland these days, thanks to Montgomery Energy’s monopoly in the region. It is unacceptable that a rate-regulated entity such as Montgomery Energy can generate record […]

Popular culture and media is often an effective way to study certain phenomena and fraud and white-collar crime is no different. There are many good examples of white-collar crime depicted in film – some are dramatizations of actual events and others are purely fictional. In either case, many of these films can be an effective way to consider concepts such as moral ambiguity, immoral and […]

Instructions: Please prepare written responses to the questions below. Please state your assumptions clearly where appropriate and necessary. We anticipate responses should take no more than 1 hour to complete. 1. Next year, assume ABC Co. expects to sell $5,000,000 in one-time new business with a gross profit margin of 30%. Also assume that ABC Co.’s internal sales staff receives a 10% commission on gross […]

You must complete both fact patterns in the assignment. Also, you must use the Tax Research Memo template for the assignment. If you do not use the template, the assignment will be rejected. Research Memo A: Hint: Both fact patterns are based on a recently decided tax case Fact Pattern #1 The legislature in the State of Red enacted a new law requiring out-of-state sellers […]

Double Entry Accounting and t-accounts (Debits and Credits). (n.d.). Www.youtube.com. Retrieved July 19, 2022, from The Finance Storyteller. (2020). Trial balance vs balance sheet. In YouTube. After viewing the videos, develop your own recorded video with the following scenario in mind: You have been hired by a small business to help with accounting records. A group of non-accounting professionals within your organization approach you with […]

The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. Assignments submitted through email will not be accepted. Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. Students must mention question number clearly in their answer. Late submission will NOT be accepted. Avoid plagiarism, […]

The final three chapters in our book discuss various fraud schemes that, unfortunately, we are all too likely to experience personally, if we have not already. Far too many of these fraud schemes permeate our society and daily experiences. Most of you, your families, or loved ones will be touched in some way by one or more of the fraud schemes covered in these chapters. […]

For this discussion use these resources: Enron the smartest guy in the room-Enron documentery Financial Statement Fraud(Crazy Eddie’s video) This week, we had the opportunity to explore some of the more egregious financial statement frauds from the past two decades. Many of these occurred prior to the enactment of Sarbanes Oxley (Enron, Worldcom, Waste Management, Adelphia, Tyco, Healthsouth, Qwest Communications, Cendant, and others). Other cases […]

Module 2 – Chapter 4: ExerciseSolve the following Questions: 1. Kirk Enterprises offers rug cleaning services to business clients. Below are the adjustments data for the year ended July 31. Using this information along with the spreadsheet below, record the adjusting entries in proper general journal form. Adjustments: (a) The equipment is estimated to last for five years with no salvage value. The asset will […]