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ANSWER ALL QUESTIONS: QUESTION ONE: (20 POINTS) HERE ARE SOME TYPICAL TRANSACTIONS OF MYERS INSECT CONTROL SERVICE. FOR EACH TRANSACTION, INDICATE THE INCREASE (4) OR

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ANSWER ALL QUESTIONS: QUESTION ONE: (20 POINTS) HERE ARE SOME TYPICAL TRANSACTIONS OF MYERS INSECT CONTROL SERVICE. FOR EACH TRANSACTION, INDICATE THE INCREASE (4) OR THE DECREASE (-) IN ASSETS (A), LIABILITIES (L), OWNER'S EQUITY (OE), REVENUE (R), OR EXPENSES (E) BY PLACING THE APPROPRIATE SIGN(S) IN THE APPROPRIATE COLUMN(). THE FIRST TRANSACTION IS GIVEN AS AN EXAMPLE. 0. EXAMPLE: PAYMENT OF RENT A CAPITAL RED L 1. PURCHASE OF MACHINES ON ACCOUNT 2. PROVISION OF SERVICES FOR CASH 3. INVESTMENT OF CASH IN BUSINESS 4. PAYMENT IN ADVANCE FOR INSURANCE POLICY FOR TWO YEARS 5. PAYMENT OF WAGES FOR CASH 6. PROVISION OF SERVICES ON ACCOUNT 7. WITHDRAWAL OF CASH BY OWNER 8. PURCHASE OF CLEANING SUPPLIES ON ACCOUNT 9. COLLECTION OF CASH FROM A CUSTOMER PREVIOUSLY BILLED 10. PAYMENT OF CASH MADE TO A CREDITOR A L CAPITAL R E D 1 2 3 4 5 6 7 00 9 10 Question Two: (30 points) After numerous campus interviews, Greg Thorpe, a senior at Great Northern College, received two office interview invitations from the Baltimore offices of two large firms. Both firms offered to cover his out-of-pocket expenses (travel, hotel, and meals). He scheduled the interviews for both firms on the same day, one in the morning and one in the afternoon. At the conclusion of each interview, he submitted to both firms his total out-of-pocket expenses for the trip to Baltimore: mileage $112 (280 miles at $0.40), hotel $130, meals $36, and parking and tolls $18, for a total of $296. He believes this approach is appropriate. If he had made two trips, his cost would have been two times $296. He is also certain that neither firm knew he had visited the other on that same trip. Within 10 days, Greg received two checks in the mail, each in the amount of $296. Instructions (a) Who are the stakeholders (affected parties) in this situation (b) What are the ethical issues in this case? (c) What would you do in this situation

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