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Karen Blanton is the accounting manager for Just In Time, a tech support company for individuals and businesses. As part of her job, Karen is
Karen Blanton is the accounting manager for Just In Time, a tech support company for individuals and businesses. As part of her job, Karen is responsible for preparing the company's trial balance. Her supervisor placed a "hard deadline" of Thursday at 5 pm for the completion of the trial balance. Unfortunately, Karen was unable to get the trial balance to balance by the due date. The credit side of the trial balance exceeded the debit side by $3,000. To make the deadline, Karen decided to add a $3,000 debit to the equipment account balance. She selected the equipment account because it will not be significantly affected by the additional $3,000. 1. Is Karen behaving ethically? Why or why not? 2. Who is affected by Karen's decision and how? 3. How should Karen have handled the situation
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