acc_280_week_5_final_exam_1..xlsx

Jun 18th, 2015
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acc_280_week_5_final_exam_1..xlsx

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Ethics CaseBYP8-6You are the assistance controller in charge of general ledger accounting at Riverside Bottling Company. Your company has a large loan from an insurance company. The loan agreement requires that the company's cash account balance be maintained at $200,000 or more, as reported monthly.At June 30 the cash balance is $80,000, which you report to Gena Schmitt, the financial vice president. Gena excitedly instructs you to keep the cash receipts book open for one additional day for purposes of the June 30 report to the insurance company. Gena says, "If we don't get that cash balan

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