This assignment requires me to find accounting issues, i couldn't find any for 6 and 7. This is a accounting question.

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Automatic Zoom 6. Peter used this money (as stated in 5 above) to help finance a $ 120,000 acquisition of common shares in Bruce Electricity Ltd. owned by a group of electricians providing electrical services to Bennett and a number of other contracts in the Moncton area. Bruce is the sole provider of electrical services to Bennett. Peter explained : Thank goodness I have pull with Bruce, since I use their services all the time, especially now that my business is growing! I would have paid about $ 10,000 more for the work the company did this year if I had dealt with any other electrical company. Plus we did that swap, which is a big help with cash flow." Peter reported that he swapped a used van that still worked, but was no longer being used by Bennett in exchange for 100 hours of electrician time from Bruce. Bruce was all too happy to offer this service, since its cash flow has been sporadic and the bank had been threatening to cut its line of credit. Bruce's income has continued to grow but the company seems to have trouble collecting receivables from customers on a timely basis. Peter said, " I sure hope this investment pans out. I figure the initial $ 120,000 I paid for the shares will be worthwhile in the future. After all, Bruce had income over $ 200,000 last year, and it's only Bruce's fourth year of operation!" Peter owns 25% of the shares of Bruce. 7. Due to the expansion, Bennett constructed a new building and this was completed by the beginning of the summer of 2020. The old building has been declared a heritage site that cannot be torn down. This old building has been converted into 2 stores, which were rented out to two separate tenants with a two-year lease. Lease payments are a small fee of $ 100 a month plus 10% of revenues. Once Bennett has enough cash, the company wants to convert the building into a show room. 8. Bennett incurred $ 80,000 of costs in 2020 to develop a website for the company. This included ame research ideas on the style of the