A$66$

Discussion Questions and Critical Thinking$/$Ethical Case

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We will use unusually small numbers to simplify the calculations and to emphasize the theory.

$2022$

Jan. $2$ Rolo Kern invested $$1,200$ cash and $$100$ worth of office equipment to open Rolo Ca

$2$ Paid rent for three months in advance, $$300.$

$3$ Purchased office equipment on account, $$50.$

$4$ Bought office supplies for cash, $$40.$

$8$ Collected $$400$ for services rendered.

$11$ Rolo paid his home electric bill from the company bank account, $$20.$

$14$ Provided $$100$ worth of services to clients who will not pay until next month.

$15$ Paid salarics, $$60.$

$18$ Advertising bill for $570$ was, received but will not be paid until next month.

$5\mathrm{.}1-27$ Full Alternative Text