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Answer the following questions - If you didn't understand how to record any of the above transactions, explain how you would navigate authoritative accounting standards?

Answer the following questions
-If you didn't understand how to record any of the above transactions, explain how you would navigate authoritative accounting standards? Explain a scenario in which you currently or in the past had to find the accounting standard for a transaction.
-Give an example of a journal entry you would make to apply professional and ethical judgment? Describe the steps you took to apply professional and ethical judgment.
-Describe one conflict with generally accepted accounting principles and how would you balance it?

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