{"id":72416,"date":"2022-09-26T12:08:31","date_gmt":"2022-09-26T12:08:31","guid":{"rendered":"https:\/\/www.essaybishops.com\/dissertations\/2-who-gained-and-who-lost-as-a-result-of-these-actions\/"},"modified":"2022-09-26T12:08:31","modified_gmt":"2022-09-26T12:08:31","slug":"2-who-gained-and-who-lost-as-a-result-of-these-actions","status":"publish","type":"post","link":"https:\/\/www.homeworkacetutors.com\/assessments\/2-who-gained-and-who-lost-as-a-result-of-these-actions\/","title":{"rendered":"2-Who gained and who lost as a result of these actions?"},"content":{"rendered":"<p>Question description<\/p>\n<p>Case 1:Ahmed was accounting manager at ABC co and he is a cousin of Adel, the CEO of ABC co. The CEO stood to earn a substantial bonus if ABC increased net income by year-end. Ahmed, the accounting manager, boasted to Adel, the CEO, that he knew some accounting tricks that could increase company income by revising a few journal entries for rental payments on production units.At the end of the year, Ahmed changed the debits from \u2018rent expenses\u2019 to \u2018prepaid rent\u2019 on several entries. As a result, Adel got his bonus and the deviations were never discovered.Requirements:1-How did the change in the journal entries affect the net income of the company at year-end?2-Who gained and who lost as a result of these actions?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question description Case 1:Ahmed was accounting manager at ABC co and he is a cousin of Adel, the CEO of ABC co. The CEO stood to earn a [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9427],"tags":[4,9439,9443,9436],"class_list":["post-72416","post","type-post","status-publish","format-standard","hentry","category-superior-papers","tag-nursing-paper-writing-services-reviews","tag-usa-assignment-answers-examples","tag-uk-writings-go-assignment-help","tag-1500-words-assessment-brief"],"_links":{"self":[{"href":"https:\/\/www.homeworkacetutors.com\/assessments\/wp-json\/wp\/v2\/posts\/72416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homeworkacetutors.com\/assessments\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homeworkacetutors.com\/assessments\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homeworkacetutors.com\/assessments\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homeworkacetutors.com\/assessments\/wp-json\/wp\/v2\/comments?post=72416"}],"version-history":[{"count":0,"href":"https:\/\/www.homeworkacetutors.com\/assessments\/wp-json\/wp\/v2\/posts\/72416\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.homeworkacetutors.com\/assessments\/wp-json\/wp\/v2\/media?parent=72416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homeworkacetutors.com\/assessments\/wp-json\/wp\/v2\/categories?post=72416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homeworkacetutors.com\/assessments\/wp-json\/wp\/v2\/tags?post=72416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}