All transactions are interest free Develop financial profiles for the following years You know the following...
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All transactions are interest free Develop financial profiles for the following years You know the following things about your suspect Cash on hand at 12/31/2018 at He had $651 His cash on hand was gone after that. His bank account at His bank account at His bank account at Interest Income for Interest Income for Purchased a house on down payment of Monthly payments of Sculptures as of Purchased Sculptures in Purchased Sculptures in Assets owned and purchased Paintings as of Purchased paintings in Purchased paintings in Cars as of Purchased new car on down payment of Monthly payments of 12/31/2018 12/31/2019 12/30/2020 2019 2020 2019 2020 2019 2020 $3,202 6/30/2020 $375,000 $143,754 12/31/2018 2019 2020 12/31/2018 2019 2020 12/31/2018 7/1/2019 $2,092 The suspect had personal expenditures as follows: $87,833 $62,621 Suspects known sources of income are: Salary Salary $1,151 12/31/2019 $87,255 $91,618 $2,643 $6,143 $10,868 246 5 SO $23,764 $3,996 $0 $10,136 $31,525 $12,000 $75,310 $28,371 2019 2020 4 All transactions are interest free Develop financial profiles for the following years You know the following things about your suspect Cash on hand at 12/31/2018 at He had $651 His cash on hand was gone after that. His bank account at His bank account at His bank account at Interest Income for Interest Income for Purchased a house on down payment of Monthly payments of Sculptures as of Purchased Sculptures in Purchased Sculptures in Assets owned and purchased Paintings as of Purchased paintings in Purchased paintings in Cars as of Purchased new car on down payment of Monthly payments of 12/31/2018 12/31/2019 12/30/2020 2019 2020 2019 2020 2019 2020 $3,202 6/30/2020 $375,000 $143,754 12/31/2018 2019 2020 12/31/2018 2019 2020 12/31/2018 7/1/2019 $2,092 The suspect had personal expenditures as follows: $87,833 $62,621 Suspects known sources of income are: Salary Salary $1,151 12/31/2019 $87,255 $91,618 $2,643 $6,143 $10,868 246 5 SO $23,764 $3,996 $0 $10,136 $31,525 $12,000 $75,310 $28,371 2019 2020 4
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Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: 978-1259917059
18th edition
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
Posted Date:
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