Required information [The following information applies to the questions displayed below] Southern Allen Interiors Incorporated is a leading manufacturer and retailer of home furnishings in the United States and abroad. The following is adapted from Southern Allen's June 30, 2019, trial balance. (The amounts shown represent millions of dollars) Accounts Payable Accounts Receivable Cash Common Stock Equipment Inventory Notes Payable (long-term) Notes Payable (short-term) Prepaid Rent Retained Earnings Salaries and Wages Payable Software Assume that the following events occurred in the following quarter a. Paid $50 cash for additional inventory. b. Issued additional shares of common stock for $40 in cash c. Purchased equipment for $160; paid $75 in cash and signed a note to pay the remaining $85 in two years. d. Signed a short-term note to borrow $14 cash e. Conducted negotiations to purchase a sawmill, which is expected to cost $36 View transaction list 3. Record the transaction effects determined in part 2 using journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in millions (Le, 10,000,000 should be entered as 10).) Note Entar debits before credits Journal entry worksheet < Paid $50 cash for additional Inventory. Record the transaction Transaction $ 126 17 114 29 310 150 170 1 31 337 Racord antry 27 70 5 General Jpurmal Clear entry Debil Credit View general journal >

1. Choose the ethical considerations that Amahle Khumalo should recognize in deciding how to proceed. Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. Check my work is not available. Khumalo should exercise initiative and good judgment in providing management with information having a potentially adverse economic impact Khumalo should determine whether the controller's request violates her professional or personal standards or the company's code of ethics. ? Khumalo should protect proprietary information and should not violate the chain of command by discussing this matter with the controller's superiors ?Khumalo should not try to convince the controller regarding the probable failure of reworks.

Some accountants argue that the receiving department should be eliminated. Discuss the objective of eliminating the receiving function. What accounting/audit problems need to be resolved.

what exactly is a cookie jar reserve?  Does using a cookie jar reserve follow GAAP?  Does using a cookie jar reserve appear to be an ethical practice?  Support your opinion.  Your post should be more than a single sentence.