I evaluated a sweet little one, age 21 months, last week. …
I evaluated a sweet little one, age 21 months, last week. Here are some of my observations: she touched 1 of 3 of her own parts body parts, when asked to do so (identified head from head, nose, eye). When her mom asked if she wanted a snack, she nodded, to indicate “yes.” Her mom provided a list of 50 words that she understands. She uses 15 real words but still uses some jargon. She uses regular plurals but also uses regular plurals for words that are irregular plurals. She uses points to indicate location. She does not use words to reference time of occurrence. Based on the description above,
Read DetailsGreen and Gold Company performed their bank reconciliation f…
Green and Gold Company performed their bank reconciliation for the month of December, 2024. Questions 2-7 outline items that were noted while reconciling the bank account. For each item below, indicate the necessary journal entry for Green and Gold as a result of performing the bank reconciliation. Journal Entries should be recorded as: DR (Account) $XXX CR (Account) $XXX If no journal entry is needed, please state “no journal entry is needed.” No dates or explanation needed. The bank charged a service fee of $30 for the month.
Read DetailsFor each of the following fraud situations below, indicate w…
For each of the following fraud situations below, indicate which component of the fraud triangle is represented. Ever since Timmy‘s mom got sick last fall, Timmy has been stealing money from his company. He thinks to himself, “If only my company paid me more, I would not be put in this situation” [1] Bucky has been stealing inventory from Grainger Co.’s warehouse on a daily basis. He’s able to do this because Grainger doesn’t perform a year-end inventory count. [2] Kyle is in charge of performing the adjusting journal entries every month. Kyle’s bonus is based on his team’s results. Kyle made his results look extra good over the past year because he needed a larger bonus to afford his increase in rent. [3]
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