Pleaseanswer the best you are able to, whether it is 15or twenty words or one paragraph for each question. Anyonethat tries to help me with this I will give the lifesaverrating

QuestionDetails:

Chapter 8

Ethics Case

You are the assistant controller in charge ofgeneral ledger accounting at Riverside Bottling Company. Yourcompany has a large loan from an insurance company. The loanagreement requires that the companys cash account balance bemaintained at $200,000 or more, as reported monthly. At June 30 thecash balance is $80,000, which you report to Gena Schmitt, thefinancial vice president. Gena excitedly instructs you to keep thecash receipts book open for one additional day for purposes of theJune 30 report to the insurance company. Gena says, If wedont get that cash balance over $200,000, welldefault on our loan agreement. They could close us down; put us allout of our jobs! Gena continues, I talked to OcontoDistributors (one of Riversides largest customers) thismorning. They said they sent us a check for $150,000 yesterday. Weshould receive it tomorrow. If we include just that one check inour cash balance, well be in the clear. Its in themail!

Instructions

(a) Who will suffer negativeeffects if you do not comply with Gena Schmittsinstructions? Who will suffer if you do comply?

(b) What are the ethicalconsiderations in this case?

(c)What alternatives do you have?