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Assume that you recently accepted a position with Stockman National Bank as an assistant loan officer. As one of your first duties, you have the
Assume that you recently accepted a position with Stockman National Bank as an assistant loan officer. As one of your first duties, you have the responsibility of evaluating a loan request for $ from Goldworks.com, a small proprietorship. In support of the loan application, Yolanda Tovar, owner, submitted a trial balance for the first year of operations ended March
What accounts do you see in the unadjusted trial balance that would be candidates for adjustment? Do you see anything in the trial balance that would bother you or raise suspicions in as far as loaning Goldworks.com the money?
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