Accounting Principles, Volume 2: Chapters 13 - 26
Accounting Principles, Volume 2: Chapters 13 - 26
12th Edition
ISBN: 9781118978764
Author: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
Publisher: WILEY
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Chapter 12, Problem 12.4BYP

(a)

To determine

Ethical issue: There are two partners named: A and K. A doesn’t work well due to which issues create. The numbers of working hours are 10 and A works only for 8 hours. A withdraws the money casually for his personal use once which becomes the double to the K. The main issue is in the regards of the intolerable behavior of A.

To identify: The stakeholders in the case.

(b)

To determine

To discuss: The issues with the actions of A and ethical issue.

(c)

To determine

To describe: The changes should take place in partnership agreement to accommodate both the partners.

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