Ethics Case Study For ABC Incorporated and Questions
By Renee Rampulla, CPA, Technical Manager, AICPA Professional Ethics Division and updated
by Rebecca Faris, CPA, Technical Manager in March 2010
This case, involving ABC Incorporated, contains various e
Loss on Sale of Land
3 Depreciation Expenses
Accumulated Depreciation - Building
4 Salaries Expenses
BANK RECONCILIATION: PROBLEM TYPE
2. CHEAT CODES.
TRIAL BALANCE ERRORS. CHEAT CODES.
The $610 Accounts Receivable balance in the general ledger was listed as $160 in the trial balance.
USE OF PERPETUAL INVENTORY SYSTEM
FOR MERCHANDISE INVENTORY
CALCULATION. CHEAT CODES.